Ethereum Price Analysis: Ethereum (ETH) Grows by 1.14% In 1 Day but Still Lingers below $192

• Ethereum grows by 1.14% over the last 24 hours but failed to get above 192 USD.
• The next resistance may come at 195 USD.

Ethereum gains 1.14% in the last 24 hours, but it is still below 192 USD. The coin’s a large part of the journey can be divided into four price change regime, and it had the highest value at 336 USD on 26^th June. Before analyzing all four price changes, let us look at the current details of the coin now.

ETH Price Statistics-

• Ethereum is ranked at 2^nd position in the market with an ROI (Return on Investment) of 6,679.80%.
• The total number of coins in circulation stands at 107,474,751 ETH.
• The market cap of the coin on 26^th August at 03:38 UTC stands at 20,645,974,563 USD.
• The value of each coin stands at 0.01842596 BTC and 191.54 USD.
• The 24h volume is 6,664,851,700 USD.

ETH to USD Comparison-

Ethereum started its growth journey on 1^st April, and over the next 45 days, it added 122 USD to the coin and reached 263 USD from 141 USD. It was followed by another hike of 43.48%, which added 101 USD further and took the coin to the highest point of the year at 336 USD by 26^th June. But this growth could not be sustained for long, and it took a dip from there and reached 199.49 USD by 16^th July. The latest major price change happened between 05^th August and 26^th August, and this took away 42 USD from the value of each coin and pushed the coin to be traded near 190 USD. The market cap of Ethereum on 26^th July was 23,660,316,800 USD, and the value of each coin was 219.23 USD. The current market cap and the value of each coin have taken a dip of respectively 12.74% and 12.63% in these 30 days.

ETH Price Prediction-

Ethereum is likely to have a bright future, and it may touch its YTD high before this year ends. According to Ethereum Forecast, this month’s end may see some marginal growth hinting at a probable price rally in early September.  The details of the resistance and support levels are given below.