5 key metrics signal Ethereum price is ready to make a new 2020 high

5 key metrics signal Ethereum price is ready to make a new 2020 high

Ethereum price is closing in on $600 and multiple metrics suggest the top altcoin is ready to notch a new 2020 high. 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....


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