Recently, Ethereum has consistently been at $1,650.
The fact that Digital Currency Group and Genesis have reached a preliminary arrangement with their key creditors is another important aspect that has increased market confidence and contributed to the rise of bitcoin.
However, the news was well received by the market, which increased to a market value of $1.09 trillion. Ethereum, on the other hand, is currently up an astounding 3% and trading at $1,680.
ETC USD Today’s Date: 01 $ 1,657.92 Ethereum Price Prediction for Today
Ethereum’s price is currently $1,673, and its 24-hour trading volume is $8.5 billion. Ethereum has increased by 2.39% in the previous day.$204 billion in live market capitalization
Related: Ethereum price forecast for today, February 3, 2023
The price of ETH is expected to rise to $1,725 if candles close above this level.A symmetrical triangular pattern that was serving as extended resistance for the ETH/USD pair at $1,675 has been broken through.
On the downside, a break below $1,620 could expose BTC to as low as $1,550.