Ethereum (ETH) Drops By 3% In The Day And 0.6% In The Last 3.5 Hours
- Ethereum records a drop of 3.3% in the day from $303 to $293
- Ethereum may close another day trading below $295
Ethereum is observed to be moving downwards since past few hours, and the coin has recorded its lowest value of the day as noted until now at $293. It may further go down and close the day trading at $290 as also reflected in the current market performance of the coin.
Ethereum Price Statistics:
The coin started the day trading at $303.96 and then moved downwards as the day unfolded. Currently, it is once again trading at $293, which also seems to be the lowest value of the currency till now as of today. Overall, in the day, ETH has recorded a downtrend of over 3% while in the last 3.5 hours the coin has dipped about 0.6% from $294.82 to $293.01 as on July 4, 2019, at 11:25:59 UTC. The coin was trading around $293 at the same time yesterday as well.
| Statistics | 09:57:17 UTC | 11:25:59 UTC |
| Price (USD) | 294.82 | 293.01 |
| Price (BTC) | 0.02593198 | 0.02608493 |
| Market Capitalization | 31,431,610,050 | 31,326,524,230 |
| 24h volume | 9,365,392,996 | 9,427,483,654 |
| Circulating Supply | 106,756,129 | 106,757,664 ETH |
| Return on Investment | >9000% | >9000% |
The price of the coin has declined along with the market cap, but the 24 h volume has recorded some surge, and so has the circulating supply of ETH. The coin may close the day trading around $295 or above.
Ethereum Price Prediction:
Ethereum’s daily trading value average is declining, and the coin has been mostly trading below $300 for the major parts of the day. This indicates that it may take longer for ETH to cross $400 and head towards $500 value. ETH may close this week trading between $295 and $310 while the coin may pick up pace in the coming week and trade between $320 and $360. Read more Ethereum predictions to know more how the coin performs on a long-term basis.
Conclusion:
Hold on to ETH and wait for the bullish trends to return for sell.
