Ether ($ETH) Price Breaks $500 for First Time Since June 2018 | Cryptoglobe
According to data by CryptoCompare, around 08:55 UTC on Friday (November 20), the Ether (ETH) price broke through the $500 level.
As you can see from the three-year ETH-USD price chart shown below, the last the Ether price was this high was in June 2018.
Currently (as of 10:35 UTC on November 20), ETH is trading around $499, up 6.04% in the past 24-hour period.
Simon Dedic, co-founder of crypto-focused research firm Blockfyre, believes that if the price of Ether stays above $488 by the end of this week, then the ETH price has a good chance to go to $800 and then to $1400:
Featured Image by “elifxlite” via Pixabay.com
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.