Ethereum (ETH), the world’s most popular digital currency, continued its long upward trend and hit highs of $1,500.
The price of Ethereum may be impacted by this difficulty increase, which may also have an impact on how profitable it is to mine digital currencies.
Today’s Ethereum Price
| DATE | ETC | USD |
|---|---|---|
| Today | 01 | $ 1,562.37 |
Ethereum Price Prediction
Ethereum’s value has recently increased, with $1,500 serving as its primary support level. Daily candles that close over $1,500 expose the price to the next resistance zone of $1,660.
Ethereum, like Bitcoin, has broken out of the symmetrical triangular pattern to the upside and formed a “three white soldiers” and a bullish engulfing candle. These technical indicators are all indicating a very positive investor sentiment.
As a result, think about purchasing trades with a target price of $1,650 over $1,525.
[embedpost slug=”lunc-price-prediction-todays-lunc-price-17th-jan-2023/”]
