Ethereum Price Analysis: Ethereum (ETH) Flags Off The Weekend With 2% Drop Within 5 Days

  • ETH may cross $310 over the weekend if it closes today at $305
  • Ethereum’s week-long bearish trends concerns traders for their returns

For those who were expecting ETH to go beyond $360, this has been a week of disappointment, but it may not last long. The coin has always been able to revive back after a few slow trends, and it may do it this time as well to cross $350 value by the end of this month. The investors and traders are advised to sit tight and hold on to ETH as anything can happen over a weekend. The current market performance exhibits reviving trends.

Ethereum Price Statistics:

In the last 5 days, ETH price has dropped from $296.50 to its current value at $290.69 as on July 5, 2019, at 09:32:07 UTC. There has been a downtrend of over 1.9% in the last 5 days; however, the coin had its share of high & low moments throughout the week. For the initial 2 days of the week, it dipped as low $273.65 but then surged steeply again to trade above $302 as well.

ETH Price Chart - 5 July
ETH Price Chart
  • The current trading price of ETH is noted at $290.69 and 0.02530949 BTC
  • The market cap of the coin is now $31,370,737,874
  • The 24 h volume of the coin has been $8,405,050,775
  • The circulating supply of the coin is 106,770,276 ETH
  • The ROI of the coin stands at >9000%

ETH closed trading yesterday at $284, and the lowest recorded value of the coin was $282. The coin, however, surged as high as $303 yesterday and it is expected that it may close on a higher note today as compared to the yesterday’s closing.

Ethereum Price Prediction:

As per the current Ethereum price prediction, ETH may rise over the weekend and may cross $310 value again. The coming weeks may record a good amount of surge for ETH, and the token may start trading above $350 value for permanency. It may also rise up to $340 by the end of this month and may cross $500 by the end of the year.


This is the ideal time to invest in ETH and save for the future as the currency is secure and progressive.

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on the world's leading digital currencies.

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