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Price Analysis

Ethereum Price Analysis: Ethereum (ETH) May Soon Pick Up The Pace To Cross $290

  • Ethereum’s global partnerships may result in bullish trends
  • ETH token to trade above $300 by the next month

Ethereum has been picking up momentum since last few months and now trading around $280. ETH price may break the monotony of moving between $260 and $280 soon and surge steadily in the coming days. The market sentiment is positive, and the current performance of the token is an indication of bullish trends to follow soon.

Current Statistics From Ethereum Price Chart:

There has been an uptrend of over 8% in the last 5 days when ETH value has increased from $248.36 to currently trading at $268.89 as on June 17, 2019, at 04:54:09 UTC. The value of ETH peaked as high as $279.07 in the same time period.

Ethereum Price Chart - 17 june

  • The price of the coin is now noted at $268.89 and 0.02939165 BTC
  • The market cap of the coin has reached $28,778,362,229
  • The 24 h volume of the coin is now $9,694,147,348
  • The ROI of the coin has reached >9000%
  • The circulating supply is now 106,522,255 ETH

In the past one month, ETH recorded a high of $287 and then started rolling down and kept trending within $290 range. By the end of June, the coin must cross $290 mark to keep the investors engaged and hooked.

Ethereum Price Prediction:

Ethereum may soon follow the bullish trend of BTC coin and trade above $290. By the end of the year 2019, Ethereum has the potential to reach as high as $500 mark. The support and alliance of ETH token with global giants will result in huge benefits in the long term.

Conclusion:

This is a good time to sell ETH for those looking for short-term gains but for heavy benefits in the long term bulk buying of ETH is advisable.

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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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