Ethereum Price Analysis: Ethereum (ETH) Showed A Brave Move By Surging 5% In The Last 24 Hours!

Ethereum might have been a discussion for the Cryptocurrency followers these days, especially after the release of ETH 2.0. Users are definitely hoping to gaze at the trend in order to justify their portfolio. Let’s hope that with recent updates, users will enjoy their share of profits.

Current Statistics of Ethereum:

The price of Ethereum is trading at $193.45 at 01:28 UTC on 19th August 2019. The value might drop a little more in the rest of the day. Speaking of major factors, they are as follows:

  • Return on Investment: 6744.46%
  • Total supply/Circulating Supply: 107,378,665 ETH/ 107,378,665 ETH
  • 24 Hour Volume: 5,935,894,375 USD
  • Market Cap: 20,810,972,132 USD
  • 7 Day high/low: 214.37 USD / 178.14 USD

ETH to USD Price Comparison:

ETH Price Prediction
ETH Price Chart by TradingView

Considering the trades of ETH yesterday, the value was initially seen trading below the baseline. The trade was seen at $183.28 at 04:17 UTC. From then on, the ETH price was increased by 5.37% at 12:02 UTC yesterday when the price of Ethereum changed to $193.13. The value surged further upwards by 2.63% at 17:10 UTC with the trading value of $198.05. Ethereum price, however, as of now is slightly dropped by 2.32% from then.

Ethereum Price Prediction and Conclusion:

According to our experts and ETH Prediction, ETH is moving in the uptrend. So ETH may pave the way for significant returns for traders. All things considered, this is what is inferred in the pattern of Ethereum. Be that as it may, starting at now, the worth supposedly is exchanging the bearish zone. The resistance and support level will help traders for safer trade:

Resistance Levels:

R3: $213.94

R2: $205.73

R1: $200.11

Support Levels:

S1: $186.28

S2: $178.07

S3: $172.45

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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