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Ethereum price breaks above $ 1,600 in unstoppable rally towards $ 2,000

  • Ethereum’s price just surpassed $ 1,600 on all exchanges.
  • The smart contract giant is aiming for a long-term price target of $ 2,000, as most on-chain metrics are in its favor.
  • The digital asset has underperformed compared to Bitcoin, which doubled its previous all-time high of December 2017.

ETH / USD has just hit a new all-time high at $ 1,619. In total, Ethereum has gained more than $ 105 so far this day, from $ 1,509 at the beginning of the Asian session. At time of writing, the asset is trading above $ 1,610, gaining 6.31% on the day.

ETH / USD G5 minute rafic

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