Ethereum Price Analysis: Ethereum (ETH) Price Dropped By More Than 30% In The Last One Month

The Fundament Group offered Bonds worth $280 Million on the Ethereum Blockchain which will be backed up by the investments of Commercial Real estate. This decision was taken to recapture to the promise of Initial Coin Offering ‘ICO’.

https://twitter.com/hirshmohindra/status/1155655979066896384

Current Statistics of Ethereum:

ETH price is recently seen trading at $211.81 at 07:45 UTC on 29^th July 2019. The other essential factors are as follows:

• Return on Investment: 7382.98%
• Total supply/Circulating Supply: 107,095,867 ETH/ 107,095,867 ETH
• 24 Hour Volume: 5,774,232,904 USD
• Market Cap: 22,692,503,284 USD
• 7 Day high/low: 225.25 USD / 202.25 USD

ETH to USD Price Comparison:

Considering the trades from last one month, the highest value was seen trading on 30^th July at 00:00 UTC at $323.39. Ethereum price from then dropped by 18.30% on 11^th July at 04:30 UTC with the trades changed to $264.21. From then on, the ETH price went further down to the lowest touchdown of $196.94 on 17^th July at 11:30 UTC when the value dropped by 25.46%.

By 20^th July at 16:00 UTC, the value escalated by 19.77% trading at $235.10. However, the value dropped yesterday by 14.99% again at 21:30 UTC with the trading value changed to $199.85. The value from then is escalated by 6% as of now.

Ethereum Price Prediction and Conclusion:

Since the price of Ethereum is fluctuating in the bearish nature, many followers have switched their trades to ETH as of now with a hope that price might trade in the bullish zone soon. To know more about future price changes of ETH coin, visit here future predictions for Ethereum.

But for a safer decision, the resistance & support levels might help them to avoid any losses in the trade:

Resistance Levels:

• R3: 224.53
• R2: 218.28
• R1: 214.74

Support Levels:

• S1: 204.95
• S2: 198.7
• S3: 195.16