Price Analysis

Ethereum 5 Hour Price Analysis: Roll up your sleeves as Ethereum may close the day at $250

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  • Ethereum price surges in the last 5 hours, ROI drops marginally
  • ETH may float at or above $250 within a week

Ethereum has been moving fast and making constant progress. In the last 24 hours, the highest recorded price of ETH token was $250, and today it crossed this mark twice which indicates that the coin will be progressing in the coming days to float above $250 again. The market performance reaffirms this claim.

Ethereum Price Statistics:

In the last 5 hours, ETH price has moved upwards to peak to $250 and currently trading at $249.10. There has been an uptrend of over 0.2% in the last few hours.

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Ethereum Price Chart - 12 June

Statistics 06:40:44 UTC 11:25:29 UTC
Price  (USD) 248.39 249.10
Price (BTC) 0.03122565 0.03124227
Market Capitalization 26,492,610,807 26,500,825,176
24h volume 7,507,667,235 7,773,170,970
Circulating Supply 106,455,522 ETH 106,458,130 ETH
Return on Investment 8,685.65% 8,678.99%

 As on June 12, 2019, at 11:25:29 UTC, the market cap of ETH has shown marginal surge followed by the 24 h volume and circulating supply of the coin. However, the ROI of the coin has come down from $8,685% at 06:40:44 UTC to 8,678.99% now. More activity on the coin is expected in the next few days restoring ROI value towards the higher side once again.

Ethereum Price Prediction:

Ethereum recorded a high of $254 in the last seven days, and the coin is reaching this target faster this time. ETH may cross the $260 mark by the end of the week, maintaining this pace.

Conclusion:

This is a good time for more and more ETH mining and earning profits daily.

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on world's leading digital currencies. She holds graduate degree in journalism.

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