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Price Analysis

Ethereum (ETH) Price Analysis: ETH Lays Down a Shining Road-map for 2019

  • Ethereum reveals its plan for the future and traders seem to welcome the move
  • Ethereum’s ETH continues to deliver high performance amidst fluctuating market

Ethereum is a bet for the long term. The smart contracts platform is strong with lifetime sustenance capability and continues to be a source of inspiration for many budding projects in the crypto market. Many companies like JPMorgan are also working on their Stablecoins with Ethereum technology as the underlying principle. Recently, Ethereum Foundation has allocated a budget of over 30 Million USD in the development & progress of the Ethereum platform. Ever since its inception in 2013 by Vitalik Buterin, Ethereum has maintained a higher interest level for the traders and investors and has been of vital importance in the crypto world. The market data is a testament to coin’s success.

Current Statistics

  • Ethereum is ranked at the 2nd position tailing Bitcoin in the top 100 cryptocurrencies list.
  • The ROI of Ethereum coin is noted at 8,192.73%.
  • The circulating supply of the coin is the same as the total supply which is now 106,184,356 ETH.
  • The price of ETH coin is noted at $244.30 & 0.03196644 BTC as on May 23, 2019, at 05:44:02 UTC
  • The market cap is now $25,940,032,791.
  • The 24 h volume has reached $9,758,154,168.

Ethereum Price Chart

Comparison

Ethereum coin reached as high as $275.39 in the last 30 days, and the lowest price was recorded at $152.09. As on April 23, 2019, at 07:34:01 UTC, the market cap of the coin was noted at $18,134,186,869. The price of ETH coin was trading at $171.45 & 0.03187602 BTC, and 24 h volume was $6,036,516,706. The price of the coin has gone up by almost 42% in the last one month.

Ethereum Price Prediction Till 2022

Ethereum has always been a source of great interest and investment for the traders. The price of the coin has shown upward movement in 2019 and is continuously crossing new benchmarks every month to finally cross past its all-time high value of $1,432.88. Ethereum should be able to reach $500 in the next few months, and by the end of 2019, the price of ETH coin should cross $1000 mark. In the next 3 days, the price of ETH coin can reach as high as $5000.

Conclusion

This is indeed the best time to invest in Ethereum for huge returns. The market fluctuations have hardly impacted the coin’s upward movement, and this is good news for investors.

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Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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