Price Analysis

Ethereum Price Analysis: Ethereum (ETH) Takes Off To Trade Above $330; Bags ‘Crypto-of-the-week’ Title

  • Ethereum’s Bull Run gets stronger as the currency trades above $330 within a day
  • Ethereum may move past $350 sooner than expected

Ethereum’s record-breaking performance is becoming a delight to watch as the currency is going on an unstoppable surging path. The last 5 days have recorded many exhilarating moments as ETH crossed $300 followed by moving past $310 and now trading above $330. The day is not far when ETH will trade above $350 and head towards $500 at full speed. The current market performance projects outstanding pace of ETH and a bright future for the currency holders starting today.

Ethereum Price Statistics:

ETH token is currently trading at $329.59 and rising upwards as observed on June 26, 2019, at 05:57:25 UTC. The coin surged from $306.26 yesterday to over $337 today recording an uptrend of over 10% within a day. At the beginning of the day, a steep upward movement is recorded when ETH jumped past $316.58 to peak as high as $337 before dipping down slightly.

ETH Price Chart - 26 June
ETH Price Chart
  • The price of ETH is noted as $329.59 and 0.02691391 BTC
  • The market cap is now $35,132,912,362
  • The 24h volume has been $10,622,368,881
  • The circulating supply of the coin is noted at 106,645,402 ETH
  • The ROI now stands at >9000%

The highest recorded value of ETH yesterday was $318, and it crossed $330 exponentially today as BTC started trading above $12,000. The coin is going to peak further by the end of the day.

Ethereum Price Prediction:

The month of June has been a record-breaking one for ETH as the currency rose from $271 in the beginning to its current value of $329 and still moving upwards. It is after a long time that ETH has given such spectacular performance in a long time and thrived at it. It is going to get better as the currency now heads towards crossing $400 soon. By the end of the year, ETH may trade above $500 and may be able to cross its all-time-high value about its current momentum.

Conclusion:

ETH is the perfect deal as the coin can give huge returns in a shorter time as well and may be beneficial for long-term deals too.

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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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