Ethereum (ETH), the most popular digital currency in the world, has been going up for a long time and reached a high of $1,500.
This change in difficulty could have an effect on the price of Ethereum. It could also change how profitable it is to mine digital currencies.
How much does Ethereum cost today?
DATE ETC TODAY: $1,574.54 USD
How Much Will Ethereum Cost in the Future?
Recently, the price of Ethereum has gone up, and $1,500 is now its main support level. When daily candles close above $1,500, the price moves to the next area of resistance at $1,660.
Ethereum, like Bitcoin, has broken out of the symmetrical triangle pattern to the upside and formed a “three white soldiers” and a bullish engulfing candle. All of these technical indicators show that investors are feeling very good about the market.
So, you might want to buy trades with a target price of $1,650 instead of $1,525.