fbpx
Price Analysis

Ethereum Price Analysis: Ethereum (ETH) Moves Sideways Continuing To Trade Around $270

Smarter_way_USA
  • Ethereum traders keep a close eye on the price movement of the coin
  • Ethereum takes steps to multiply ETH adoption and progress

Ethereum has been moving slowly since the beginning of this week and is expected to pick up momentum soon now. The firm has been taking steps to increase the coin adoption across global markets through new alliances and partnerships. Although the current market performance of ETH is average but the coin is expected to soon head towards bullish trends and trade above $280 by the end of the month.

ETH Price Statistics:

ETH coin is trading at $269 and moving upwards as on June 19, 2019, at 08:10:34 UTC. The coin has moved between the range of $261 and $274 in the last one day ETH price chart and slowly trading towards the upward trend. There has been a downtrend of over 0.9% in the past one day.

Ethereum Price Chart - 19 June
Ethereum Price Chart
  • The price of ETH is now trading at $269.22 and 0.02934024 BTC
  • The market cap is noted at $28,611,495,125
  • The 24 h volume is now $5,841,345,399
  • The ROI of the coin continues to be >9000%
  • The circulating supply of the coin is now 106,551,111 ETH

ETH to USD Price Comparison:

ETH recorded a high of $274 yesterday but dropped as low as $263. Today, the coin started on a low note and may close the day at $270. The first resistance level will be reached at $271.86.

Ethereum Price Prediction:

Ethereum coin may pick up the pace soon and is expected to head towards $280 by the end of the week. By the end of the year, ETH may be trading around $500 if it continues to maintain a consistent upward surge. The coin may also cross $1000 in the next 2 years.

Conclusion:

ETH is a good investment in the current situations and can provide long term gains.

Tags

Ruti Vora

Ruti has recently joined CryptonewsZ as a writer and has been writing on other cryptocurrency sites as well. Having a background of tech field makes her versatile with a keen interest in literature. You will find her surrounded by books and music when she is not on work. You can also contact her on Linkedin or Facebook.
Event Information
Event Information
Back to top button