Ethereum (ETH) Dips To $293 By Crossing $300 Once In The Day
- Another slow day for ETH keeps the traders concerned for future
- Ethereum records 1.4% dip in the last 4.5 hours
Ethereum has not been able to move significantly and records slow trends in yet another day. The coin started the day on a low note trading at $292 but quickly picked up the pace to reach $301.12. However, it did not stay there for long and came tumbling down to trade below $297 after only a few hours. The current market statistics show crawling trends.
Ethereum Price Statistics:
Since the beginning of the day, ETH has shown a mix of high and low trends by first rising up to $301.12 recording a surge of 3% and then falling to its current value of $293.49 as on July 3, 2019, at 11:25:32 UTC recording a dip of 2.5%.
| Statistics | 06:07:34 UTC | 11:25:32 UTC |
| Price (USD) | 297.79 | 293.49 |
| Price (BTC) | 0.02634569 | 0.02652444 |
| Market Capitalization | 31,756,670,550 | 31,282,941,790 |
| 24h volume | 10,712,387,938 | 10,289,414,122 |
| Circulating Supply | 106,740,861 | 106,744,076 ETH |
| Return on Investment | >9000% | >9000% |
ETH has shown a declining trend in the last 5 hours with price dropping from $297 to $293, the market cap also dipping by considerable margins along with the 24 h volume. The circulating supply of the coin has shown a surge.
Ethereum Price Prediction:
Ethereum may start surging higher by the end of the week and may trade above $300, but traders can expect more sluggish trends for some time now. As stated in Ethereum predictions, ETH prices may trade around $330 to $350 by the end of this week, and once it picks up pace, it may rise up to $400 by the end of this month.
Conclusion:
This is a good time for long-term investments in ETH. Short-term gains may not be that much, and $300 value can be targeted for trading ETH for quick gains.
