Price Analysis

Ethereum Price Analysis: Ethereum (ETH) price shows volatility! Can we hope for an upsurge?

ETH without a doubt is one of the favorite currencies in the network. However, with ETH becoming stagnant in the bearish zone might be raising some concerns for the followers. Let’s hope that we can see some changes in the price of Ethereum in the upcoming days.

Current Statistics of Ethereum:

ETN price is trading at $207.82 at 04:24 UTC on 14th August 2019. The other essentials are as below:

  • Return on Investment: 7248.73%
  • Total supply/Circulating Supply: 107,312,238 ETH/ 107,312,238 ETH
  • 24 Hour Volume: 6,010,426,932 USD
  • Market Cap: 22,330,408,039 USD
  • 7 Day high/low: 229.66 USD / 203.79 USD

ETH to USD Price Comparison:

Ethereum Price Prediction
Ethereum Price Chart by TradingView

Yesterday, the highest value was seen trading at $211.22 at 01:05 UTC. The value was then dropped by 1.48% at 09:24 UTC trading at $208.08. ETH price was escalated by 1.57% at 11:08 UTC on the same day with the trading value of $211.31.

Then, the price of Ethereum dropped again by 3.30% at 15:28 UTC with the trading value of $204.34. The value surged upwards after that by 2.61% at 23:30 UTC value trading at $209.66. The value then dropped again by 1.70% at 01:43 UTC trading at $206.09 which is now moving upwards as of now.

Ethereum Price Prediction and Conclusion:

Most of the currencies are trading in the bearish zone. The users might be able to avoid the damages under the resistance and support levels:

  • R3: $217.55
  • R2: $214.46
  • R1: $211.59
  • S1: $205.63
  • S2: $202.54
  • S3: $199.67

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Ruti Vora

Ruti has recently joined CryptonewsZ as a writer and has been writing on other cryptocurrency sites as well. Having a background of tech field makes her versatile with a keen interest in literature. You will find her surrounded by books and music when she is not on work. You can also contact her on Linkedin or Facebook.
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