Smith SinclairNov 28, 2021 · 3 years ago4 answers Can the ETH difficulty chart be used to predict future price movements?
Is it possible to use the Ethereum (ETH) difficulty chart as a reliable indicator for predicting future price movements? I've heard that the difficulty chart reflects the network's mining difficulty, but I'm not sure if it has any correlation with the price. Can someone shed some light on this? Are there any historical patterns or trends that suggest a relationship between the ETH difficulty chart and its price?