Price Analysis

Ethereum Price Analysis: Ethereum (ETH) Is On-a-roll Trading At $308 And Rising Upwards

  • Ethereum trading at $308 brings a perfect end to the week
  • Ethereum may rise as high as $320 in the next two days

It is indeed a week of making it big as ETH makes to the $300 list by finally trading above the value and still moving upwards to reach new milestones. The trend has brought a wave of excitement amongst the community followers who are backing the currency openly against its competitors. The sudden bullish trend can also be attributed to Bitcoin, which is now trading above $10,000. Making impossible possible can now be the mantra of the coin as per its current market performance.

Ethereum Price Statistics:

As on June 22, 2019, at 09:28:09 UTC, the ETH price is noted at $308.28, and it is moving upwards. In the last five days, the ETH price chart has shown an uptrend of over 14% rising from $269.55 to its current value and mostly picked up pace after June 20 taking on an exponential surge.

Ethereum Price Chart - 22 June
ETH to USD Price Chart
  • The price of ETH is noted at $308.28 and 0.02858359 BTC
  • The market cap of the coin is now $32,862,604,354
  • The 24 h volume of the coin is now $9,924,353,615
  • The circulating supply of the coin has reached 106,592,888 ETH
  • Ethereum’s ROI stands at >9000%

The coin recorded a high of $295 yesterday and opened with a bang today accelerating towards crossing $300 in the first few hours. ETH continues to move upwards now.

Ethereum Price Prediction:

As per the current market performance, ETH may cross $400 mark by the end of the next few months. ETH was trading at $271 at the beginning of the month and took three weeks to reach $300, maintaining a slow trend in the middle of the week. But the fast pace may continue now for a longer duration. The year may close at $500 or above as well.

Conclusion:

The investment in ETH now is going to give good returns in the near future as well as long-term gains are also guaranteed.

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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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