Ethereum Price Analysis: Ethereum (ETH) Moves Sideways Continuing To Trade Around $270
- 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.
The Ethereum Foundation is proud to lend our support to the efforts of both the @EntEthAlliance and @Hyperledger through our membership today. Together, we'll continue to drive forward #Ethereum's progress and adoption.
— Ethereum (@ethereum) June 18, 2019
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.
- 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:
The 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. So, click here and stay tuned with us for more information and keep yourself updated.
Conclusion:
ETH is a good investment in the current situations and can provide long term gains.
