Ethereum Price Analysis: Ethereum (ETH) Price Drowns in the Intraday

Ethereum price got bitten by the bear. The coin is currently suffering a price drop. The traders had high hopes from the coin as the last two days reflected an improvement in the ETH price. Ethereum and Bitcoin opened with a downfall today. The top players are drowning in the crypto market along with many other cryptocurrencies.

ETH price is currently trading at 207 USD. As per ETH forecast, the coin is expected to remain in the same range during the day. We can expect an upsurge in the upcoming weeks.

ETH to USD Price Comparison:

The ETH price chart is taken from TradingView on 28th July 2019 at 04:11:02 UTC.

Ethereum price chart - july 28
Ethereum Chart By TradingView

Yesterday, the coin opened at $219. The coin kept dealing around $224. Soon, the coin dropped from $220.76 to $206.77 by 6.40%. The coin took another drop from $206.62 to $203.23 by 1.71%. The coin started dealing at $207. The coin kept the coin around at the same level since then. Today, the coin opened at $207 and is dealing at the same. There is not much movement in the coin.

Summary of Ethereum:

  • The price of Ethereum is dealing at 207.71 USD.
  • ROI stands at 7323.00%.
  • The Market Cap is marked as 22,507,773,292 USD.
  • 24-hour volume is noted as 5,900,111,485 USD.
  • Circulating Supply is 107,082,349 ETH.

Ethereum Price Prediction and Conclusion:

The traders already invested in Ethereum must be at discomfort due to the market drop. Well, they should wait because Ethereum is a stable and profit yielding coin. The currency would soon track the way out of the market surge and shine again.

Ethereum price is expected to touch up to $500 by the end of 2019. We are quite apprehensive about the development of price. The long-term and short-term investment both look promising with Ethereum.

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on the world's leading digital currencies.

Related Articles

Back to top button