Ethereum Price Analysis: Ethereum (ETH) Price Is Increased By More Than 100% From The Lowest Of 6 Month’s Value

It is Ethereum’s 4th birthday today! Seems like the journey as taken the currency to a good level where there is no turning back now! The future seems much brighter and clear than the time it was built!

Current Statistics of Ethereum:

The price of Ethereum is currently trading at $211.14 at 04:38 UTC on 31st July 2019. The other essential factors in the capitalization are as follows:

Ethereum Price Prediction
Ethereum Price Chart by TradingView
  • Return on Investment: 7396.76%
  • Total supply/Circulating Supply: 107,121,647 ETH/ 107,121,647 ETH
  • 24 Hour Volume: 5,332,479,481 USD
  • Market Cap: 22,739,747,838 USD
  • 7 Day high/low: 224.25 USD / 202.25 USD

ETH to USD Price Comparison:

Considering the price statistics of Ethereum from the last 6 months, the lowest of the value was seen on 6th February at 02:00 UTC when the value was trading at $101.42. The value escalated by 60.36% on 23rd of the same month at 22:00 UTC with the value changed to $163.24. From then, the only upward surge has noticed the chart. By 30th May at 16:00 UTC, the value crossed the baseline and escalated by 75.01% trading at $285.68.

ETH price saw a slight drop by 19.88% on 9th June at 14:00 UTC with the trading changed to $230.46. The highest of the 6 months value was seen on 26th June at 20:00 UTC when the value was increased by 51.57% trading at $349.30. The value from then dropped by 43.72% on 12th July at 12:00 UTC with the trading value of $196.25. From then on, the value is slightly escalated by 8.15% as of now.

Ethereum Price Prediction and Conclusion:

ETH is as yet exchanging the bears’ pattern. Be that as it may, nonetheless, holding to the equivalent for a long while might assist the brokers with enjoying some magnificent returns later on. So, for the present, the resistance & support levels may assist them with better choices:

Resistance Levels:

R1: 213.8

R2: 217.07

R3: 220.54

Support Levels:

S1: 207.06

S2: 203.59

S3: 200.32

Furthermore, with August bouncing in tomorrow, as per Ethereum Price Prediction traders may probably appreciate the awesome returns by the end of 2019t appears that ETH price may reach up to a touchdown of $500 by the end.

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.

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