ETH Price Prediction: Today’s Ehereum Price, 17th Jan 2023

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

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.

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