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Price Analysis

Ethereum Price Analysis: ETH Continues to Fall; Hovers Around $265

Ethereum (ETH) price is slipping on the price chart. The same is seen in many other coins in the market. There was an expectation of upsurge from the coin, as well as the market, but the chart walked opposite on the path.

Well, there is still a high recovery assumption from the coin. The same is to take place somewhere in next week. Yesterday, the coin touched a high at $276.69 and a low at $263.07. The volume of ETH on 14th July was $6,716,829,429. The market cap of the crypto market was marked at $31 billion.

Current Statistics of Ethereum:

The ETH price chart is taken from Trading View on 14th July 2019, at 08:10:54 UTC.

Ethereum price chart - july 14

Looking at yesterday’s chart, the ETH (ETH to USD) coin is reflecting downfall in price. The coin booked a loss of 3.53% on the chart during the first half of the day. The price counters changed from $275 to $265. Later, the coin started picking up the pace and climbed to $271 from $265. The escalation marked was of 2.12%. The coin closed at $269. The intraday loss was of 2.07%. Today, the coin is slipping down since the morning. The regression marked was of 1.58%. The counters changed from $269 to $265.

Particulars Ethereum (ETH)
Rank2
Price265.99 USD
Market Cap28,463,060,707 USD
24hr volume6,400,159,469 USD
ROI>9000%
Circulating Supply106,891,787 ETH

Ethereum Price Prediction and Conclusion:

Ethereum (ETH) has tightly kept itself at 2nd position in the crypto market. The coin has huge potential and could even book huge profits in the future. The coin gets anchored by Bitcoin, usually has its distinct momentum.

In the coming years, the coin is expected to rise by 4%-5%. The coin is anticipated to cross $270 by the end of 2019.

Long term investment in the coin will help the investor to draw huge dividends.

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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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