$ETH The current price of 1 Ether (ETH) is approximately 512,539.89 Pakistani Rupees.

Here's a summary of recent Ethereum news and price predictions:

Recent News:

* Price Movement: Ethereum (ETH) has shown signs of recovery and is holding above $1700 after a period of downward pressure. It experienced a roughly 1% decline on Friday.

* Bullish Divergence: Analysts note a bullish divergence appearing on ETH charts, suggesting potential upward momentum as gold consolidates.

* Resistance Levels: ETH faces resistance around $1800 and the 50-day Simple Moving Average (SMA). Breaking above $1861 could signal a potential rally.

* Exchange Activity: There were significant net inflows of ETH into exchanges on Thursday, suggesting some investors took profits after the recent price increase.

* Accumulation: Despite recent selling pressure, accumulation addresses holding Ethereum have reached record highs.

* Long-Term Concerns: Cardano's founder, Charles Hoskinson, predicted that Ethereum might not exist in 15 years, citing the growth of layer-2 networks.