Price Analysis

Ethereum (ETH) Records A Surge Of 0.8% In The Last 3 Hours

  • Ethereum shows a surge of 0.8% moving up to $301
  • Ethereum may close the day trading above $315

Ethereum has been spending the day within $300, and it has been the slowest one since the last 5 days. The coin started with a good note but slowly crawled back to trade below $300. The current market performance of the coin indicates a downhill movement for the rest of the day, but the closing price may be above $310.

Ethereum Price Statistics:

As on June 29, 2019, at 11:10:37 UTC, the price of ETH is noted at $301.74 and it has surged by 0.8% in the last 3 hours. The coin may close the day on a better note than yesterday when the closing value was recorded at $311. The coin started the day trading at $308 and dipped almost steeply below $300 to trade around $292. It again surged back to move up to $301 but soon slipped to $296. ETH token recorded a steep surge as high as $304 before rolling down to its current value.

Ethereum Price Chart - 29 June
Ethereum Price Chart
Statistics 08:29:13 UTC11:10:37 UTC
Price  (USD)299.05301.74
Price (BTC)0.025813810.02574691
Market Capitalization31,979,092,21032,204,762,878
24h volume10,953,910,54910,368,680,461
Circulating Supply106,687,877106,689,032 ETH
Return on Investment>9000%>9000%

The price of the coin has increased in the last 3 hours followed by its market cap, circulating supply and the 24 h volume. The ROI of the coin continues to be >9000%.

Ethereum Price Prediction:

Ethereum may rise as high as $350 in the next few days, but a lot is dependent on the Bitcoin movement also unless the firm announces a global deal which may bring a drastic increase in the price. The price of ETH may rise up to $400 in the coming months and trade around $500 by the end of the year.

Conclusion:

This is indeed a good time to invest in the coin like ETH, which has a good future and gives assured returns.

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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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