3 key on-chain metrics suggest Ethereum price is in a 2017-style bull run

Ether (ETH) price is currently ranging between $440 and $470, which is similar to the price action seen in December 2017. Back then, the scenario ended up being incredibly bullish, and the altcoin quickly rocketed toward $1,400. 

Fast forward to 2020, and some investors believe a similar outcome may occur as a few key on-chain and technical indicators are mirroring the levels seen in the previous bull run.

On Dec. 10 Ether price was $450, and it took only 34 days for Ether to reach its…


Source link

About bitcoin

Check Also

Ethereum Races Clock to Collect Enough Coins for Big Upgrade

Ethereum, the most-actively used blockchain in the world, is approaching its deadline to convince users …

Leave a Reply

Your email address will not be published. Required fields are marked *