Just in the last 24 hours Ethereum and Ethereum Classic gained back some of the previous losses after the DAO hack and the following breakup and confusion about the Ethereum Chain.
Investors now have to understand what happened and what the future for both chains might hold.
The most important thing here is that over the coming week the Ethereum Foundation will attend the Bockchain week in Shanghai and host the Devcon2 event.
Tickets sold out quickly even though they were priced at over 1000$ US.
So what can investors expect from the event?
What most people will be looking for is the sessions with Vitalik and if he has some announcements to make that directly effect the current ETH chain.
While we still don't know what will happen it seems pretty certain that important speeches for investors to watch are the opening speech as well as the "Ethereum in 25min" session which will be held by Vitalik.
Here he might share some insides of how Ethereum will proceed in the future or what change or improvements will happen.
Overall the 19th as well as the 20th of September will be the most interesting days for news.
The full agenda can be found here:
https://ethereumfoundation.org/devcon/?page_id=14
Chart analysis
Ethereum Classic on the other hand has been able to break out of latest down cycle. With the current resistance base at 0.0025 there are possible gain of up to 16%.
Soo keep an eye on Ethereum and Ethereum Classic over the coming week.
