The major update is scheduled for December 4. ETH/USD has retreated from the recent high. Ethereum developers will activate a major update on the Ethereum mainnet at block 9 056 000. It will be mined approximately on December 4. However, the team will postpone the fork until January 8 if something unexpected happens. Notably, the fork on the testnet split it into two chains, but developers believe that the fork will be activated as planned. They also approved EIP 2124 that will allow users to detect the chain supported by the majority of users. Ethereum’s technical picture ETH/USD topped at $199.04 during early Asian hours on Saturday and retreated to $180.30 by the time of writing. The downside correction stopped short of the critical support created by the long-term downside trendline at $180.00. Once it is out of the way, the sell-off is likely to gain traction with the next focus on$177.00. It is created by a confluence of SMA100 (Simple Moving Average) and SMA200 (four-hour chart). On the upside, the initial resistance awaits us on approach to $190.00 (the upper line of four-hour Bollinger Band) followed by $199.00. ETH/USD, the four-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next TRON’s Justin Sun announces mega partnership with unknown corporation FX Street 3 years The major update is scheduled for December 4. ETH/USD has retreated from the recent high. Ethereum developers will activate a major update on the Ethereum mainnet at block 9 056 000. It will be mined approximately on December 4. However, the team will postpone the fork until January 8 if something unexpected happens. Notably, the fork on the testnet split it into two chains, but developers believe that the fork will be activated as planned. They also approved EIP 2124 that will allow users to detect the chain supported by the majority of users. Ethereum's technical… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.