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Price Analysis

Ethereum (ETH) Price Analysis: Will Ethereum End May On a High Note?

  • Ethereum is on the way to cross its record high value
  • Ethereum’s ETH token is one of the best bets of this year before it’s too late

Ethereum has given rise to many flourishing alt coins and it is now itself in a position to establish its market leadership once again. The allocation of budgets, new alliances and roadmap to the future are some of the factors which will redefine Ethereum’s market in the coming days but one thing is for sure, it’s is only going to surge further in the next few months. The firm has planned many events, including global hackathon, to connect with the people and promote the use of blockchain in new markets. All these efforts will contribute in the successful growth of Ethereum.

Ethereum Current Price Statistics:

Ethereum Price Chart

As on May 26, 2019, at 09:33:03 UTC, the market price of Ethereum is successfully trading at $250 and this shows that the recent announcements have paid off well. Although there has been a slight dip in the midweek overall the statistics portray a positive picture.

ParticularsStatistics
Price  (USD)250.57
Price (BTC)0.03129946
Market Capitalization26,630,005,644
24h volume8,591,350,191
Circulating Supply106,226,179 ETH
Return on Investment8,710.28%

 In the last 5 days, the lowest price of the coin was recorded at over $230, and the highest had reached up to $264. The current trading price is above $250 with a market cap of over $26 Bn. With a satisfactory return on investment of over 8,710.28% the coin is at a good position right now.

Conclusion:

In case you own Ethereum in bulk, this can be a good time to sell the coin however if you can hold on to a few more months, the price of the coin will be growing further up and the returns will be much higher. Everybody is cashing high on the global events planned in the second half of the year and hence buying ETH is a better option now.

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Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.
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