Ethereum Price Analysis: Ethereum Dips By 1.3% Throughout The Day But May Close On A High Note
- Ethereum slips from $273 and $269 as the day unfolds
- ETH token needs the extra push to remain afloat above $275
Ethereum has been showing a rise once in a while by moving past $275 value, but it is still not able to maintain the trend for a longer duration and keeps slipping back to trade around $270. The coin needs to break this pattern, and in the coming days, it may be able to trade above $280. In the day’s performance, it is a mix of highs and lows.
Ethereum (ETH) Price Statistics:
As per ETH price chart, The price of ETH coin had dipped by 1.3% since the beginning of the day when it was trading at $273. The coin has shown upward movement in the last 4 hours from $265 to now at $269 and continues to move upwards.
| Statistics | 02:13:43 UTC | 10:30:02 UTC |
| Price (ETH to USD) | 271.19 | 269.66 |
| Price (ETH to BTC) | 0.02922152 | 0.02934260 |
| Market Capitalization | 29,007,974,035 | 28,759,891,763 |
| 24h volume | 5,959,227,260 | 5,912,820,696 |
| Circulating Supply | 106,534,540 ETH | 106,538,609 ETH |
| Return on Investment | >9000% | >9000% |
The price of Ethereum token has fallen slightly followed by the 24 h volume, but the market cap and circulating supply of the coin have shown an upward trend.
Ethereum Price Prediction:
Ethereum has shown a downward movement in the day, and it may close the day near $275 once again. As per ETH predictions, we are expected that in the upcoming days, Ethereum prices may surge up to $280 and may trade above this value for a longer time. In the last 7 days, ETH has gone as high as $278 but also fell to a low of $238. The lowest recorded value yesterday was $268, and this margin may reduce further showing a steady trend.
Conclusion:
It is a good time to invest in ETH and gain good returns as the day ends on a better note.
