$ETH

Ethereum (ETH) is currently experiencing positive performance in the market. Today, it is trading at around $1,571.59, with an increase of 4.75% compared to the previous close. Despite daily fluctuations, the price shows strong support at the $1,500 level.

Technically, Ethereum faces resistance at the $1,600 level, and if it breaks through, it may target $1,700. Conversely, if the price pulls back, it may see a decline towards the $1,450 level.

The analysis suggests that Ethereum may continue its upward trend in the short term, especially if it remains above the strong support level at $1,500.