Ethereum can reach $500 for the first time since 2018 — Here’s how

As the price of Ethereum’s native digital currency, Ether (ETH), has had record-high transaction fees recently, the price of ETH has also shown an increased amount of volatility. 

A new high was hit at $495 at the end of August, after which the price took the elevator down and dropped more than 30% to $308.

This dropdown caused the overall cryptocurrency market to slide as well, as the price of Bitcoin tumbled to test $10,000.

Let’s take a look at the technical chart to see where ETH…


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