Ethereum Price may break $500 Resistance on the Road to new All-time High – The Merkle

The past few weeks have been incredibly interesting for all cryptocurrencies on the market right now. While most people talk about the Bitcoin price, no one should overlook the Ethereum price either. Right now, it is only a matter of time until we see an Ethereum price of $500, which puts it on target to set a new all-time high in the coming days and weeks.

Ethereum Price Approaches $500 Again

Similar to most other cryptocurrencies, Ethereum has had a very good year throughout 2017. All cryptocurrencies which are worth paying attention to have seen their value increase over the past few months. In the case of Ethereum, all of the network issues, the ICO dominance, and a few thefts and smart contract issues have not diminished its value all that much. In fact, we have seen the Ethereum price rise from under $10 all the way to the all-time high of $519 in just over ten months.

Over the past months, things have looked relatively stable despite this strong uptrend. In most…

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