5 key metrics signal Ethereum price is ready to make a new all-time high
Cointelegraph
Published Dec 13, 2020 12:17PM ET
Updated Dec 13, 2020 02:00PM ET
Ether (ETH) price might have had a disappointing week after its price failed to hold the $600 level, but the fundamentals of the network and cryptocurrency remain solid. Traders are known for having short memories so it’s worth mentioning that Ether price is still 45% higher than it was in the previous month.
To understand whether the recent correction reflects a temporary consolidation or an effective ceiling caused by the lack of adoption, it’s helpful to gauge the metrics which reflect network usage on the Ethereum network.
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Written By: Cointelegraph
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