Price Analysis

Ethereum Price Analysis: Ethereum (ETH) Goes Above And Beyond $280; Week To Close On A High Note

  • Ethereum picked up the pace to move past $280
  • Ethereum (ETH) may close the week with a surge, trading around $290

After days of slow trend, Ethereum has finally picked up the momentum and rising upwards. The coin has given a reason to traders and investors to celebrate the success of the coin and earn better returns towards the weekend. The current market performance is progressive and suggests bullish run any time now.

Price Statistics From ETH Price Chart:

In the last 5 days, ETH price has shown an uptrend of over 0.7%, and after continuing to trade below $278, the coin picked up pace today and surged steeply to cross $280 mark. As on June 21, 2019, at 05:19:09 UTC, ETH is trading at $280.80 and rising upwards.

Ethereum Price Chart - 21 June
Ethereum to USD Price Chart
  • ETH is currently trading at $280.80 and 0.02879625 BTC
  • The market cap of the coin is recorded at $29,853,226,102
  • The 24 h volume has reached $7,557,381,975
  • The circulating supply of the coin is now 106,576,840 ETH
  • The ROI stands at >9000%

ETH has dipped as low as $261.07 in the last few days, but the exponential surge now is good news for traders and investors who held on to the currency and can now cash it for a better value. Over the weekend, the coin prices may surge higher.

Ethereum Price Prediction:

ETH is finally out of the crawling trend observed since last few days. The price of the coin can rise to $285 over the weekend, and the next week will start on a high note. By the end of the year, ETH may cross $500 mark, and in the next 2 years, it may attain new benchmarks.

Conclusion:

ETH is a good investment, and as the price is again moving in the upward direction, holding onto the currency is a better option now for long-term dividends.

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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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