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:
- 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.
