Ethereum Price Analysis: ETH Bounces Back, Shows Sign of Positivity
In order to grow in the open-source network, Ethereum has recently introduced Ethereal Blocks that might help in acquiring attention from them Blockchain followers.
Introducing Ethereal Blocks. 8/28 – 9/11. 🛠
💰 $50K in prizes + continued funding for 💯 projects
🏆 Winners present at @EtherealSummit on 9/15
🎈 Prizes by @portis_io, @ethereum, @maticnetwork, @ethstatus + moreLet's grow open source, together 🌳https://t.co/Ey2KnVrkZv
— Gitcoin (🤖, 💚) (@gitcoin) August 14, 2019
Current Statistics of Ethereum:
The price of Ethereum is trading today at $187.89 at 01:27 UTC on 16th August 2019. The other essential factors of ETH coin are as below:
- Return on Investment: 6546.23%
- Total supply/Circulating Supply: 107,337,743 ETH/ 107,337,743 ETH
- 24 Hour Volume: 8,063,529,049 USD
- Market Cap: 20,200,543,737 USD
- 7 Day high/low: 217.98 USD / 178.14 USD
ETH to USD Price Comparison:
Yesterday, the highest price of ETH was seen at 00:33 UTC trading at $189.11. The value dropped by 7.68% at 06:27 UTC with the trading price of $174.58. Then, the Ethereum price escalated by 7.62% yesterday at 16:05 UTC value trading at $187.82. The value than slightly dropped by 2.63% at 17:20 UTC with the trading value of $182.87. ETH price increased by 3.60% at 23:30 UTC with the trading value of $189.50, which is slightly dropped as of now.
Ethereum Price Prediction and Conclusion:
Ethereum price has dropped at the starting of the day. And right now, most of the coins are trading under the bearish zone. However, According to Ethereum Predictions, ETH is now moving in the same range as some stability. But, for safer trade, traders should trade under the resistance and support levels, which are as follows:
Resistance Levels:
R3: $203.91
R2: $196.69
R1: $192.59
Support Levels:
S1: $181.27
S2: $174.05
S3: $169.95
