Ethereum’s Ongoing Breakout Suggests a Move to $500 Is Possible

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The price of Ethereum currently trades for $420. This price is $100 higher than the September lows and around 15% higher than the coin was trading last week. ETH is expected to push higher in the weeks ahead as it surmounts pivotal technical levels on a short-term basis. Analysts are eyeing a move to $500 as $420 holds as support. Ethereum Expected to Move Towards $500 as Key Levels Are Passed Ethereum has undergone a strong rally over the past few days as Bitcoin has gained steam. The price of ETH currently trades for $420, $100 higher than the September lows and around 15% higher than the coin was trading at last week. ETH is expected to push higher in the weeks ahead as it surmounts pivotal technical levels on a short-term basis. One crypto-asset trader shared the chart below on October 22nd. It shows that because ETH is moving…

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