The price of Ethereum has been seen tumbling down at high speed in the last few days, but it is not a permanent phase for the coin. ETH may trade near $190 mark by the end of the day and may start heading towards $200 target very soon.
ETH to USD Price Comparison:
Yesterday, Ethereum recorded a downtrend of over 1.6% dipping from $187.75 to its current value at $184.60. ETH coin started rolling down to move as low as $179.39 in the morning yesterday but then gained some pace to climb back to $187.63. ETH price may have slumped a little since then but is trading with stability now.
Current Statistics of Ethereum:
- Ethereum price is noted to be $184.60 and 0.01786258 BTC
- The Market Cap of the coin is now $19,823,546,037
- The 24-hour volume of the ETH coin stands at $6,982,722,350
- ROI is now at 6,426.07%
- Circulating Supply has reached 107,353,329 ETH
The highest recorded ETH price in the last seven days was $216.60, and in the last 30 days, it was $239.12. Ethereum has shown good progress since the beginning of the year, and this slow phase is only s step back before going bullish again to head towards its previous 30-day high value soon.
Ethereum Price Prediction & Conclusion:
ETH started the year trading at $133 and has come a long way since then. Being the second most popular crypto in the world, Ethereum has been performing well in this year and has not disappointed the traders yet. The coin may yield bigger profits in the long-term.
It is a good time to start investing in Ethereum in bulk as the coin prepares to go bullish in the upcoming months and starts yielding huge profits.