Price Analysis

Ethereum Price Analysis: ETH Records Surge Of 3% In Day; 1% In Last 4 Hours

  • Ethereum records 1% surge in the last 4 hours moving from $291 to $295.
  • Ethereum records the day’s highest value at $301 until now.

For Ethereum (ETH), The highest value of the day has fallen from $322 to $301 as noted till now since yesterday, but the coin may show steep surge as the day approaches to end and move past it. However, it is more likely that it may trade at $300 and close the day on a better note as compared to the opening value of ETH to USD. The current market performance also reflects the same.

Ethereum Price Statistics:

Since the beginning of the day when ETH was trading at $286.88, the coin has recorded an uptrend of 3% by now trading at $295.62 as on July 1, 2019, at 12:02:09. In the last 4 hours also, ETH has recorded a surge of 1% rising from $291.60 to its current value with a peak value at $295.62. Overall in the day, the highest recorded as yet is $301.02.

Ethereum Price Chart - 01 July

Statistics 11:12:05 UTC12:02:09 UTC
Price  (USD)292.74295.62
Price (BTC)0.026799850.02681591
Market Capitalization31,232,001,815 USD31,486,406,386 USD
24h volume10,370,314,695 USD10,224,391,387 USD
Circulating Supply106,715,917 ETH106,716,831 ETH
Return on Investment>9000%>9000%

ETH price has surged in the last one hour along with its market capitalization and circulating supply, but the 24 h volume has moved downwards. The coin’s ROI continues to be above >9000%.

Ethereum Price Prediction:

ETH may close this day on a higher note trading above its opening value of $286 but the highest recorded value of the day will be $301, and it may not move past it today. But, the coin may cross $350 again by the end of this week and start trading above it.

Conclusion:

Ethereum may rise as high as $300 by the end of the day, and hence, an investment now may bring some quick profits as the day closes.

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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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