Ethereum Price Analysis: Ethereum (ETH) Takes The Shelter of $207, Is $205 its Next Home?
Ethereum is down by 0.79% over the last 24 hours. With one positive growth variation, the ETH coin has faced three swings that cut the valuation from the coin. Here is an analysis of the Ethereum price movement for the last week. We should first look at the current details of the coin.
ETH Current Statistics-
|Ethereum (ETH)||14th August 04:26 UTC|
|ROI (Return on Investment)||7,253.42%|
|Coin Circulation||107,312,238 ETH|
|Market Cap||22,324,680,238 USD|
|Value in USD||207.63 USD|
|Value in BTC||0.01953820 BTC|
|24-Hour Volume||6,011,260,360 USD|
ETH to USD Comparison-
Ethereum has shown a cut in the value against USD by 6.45% and reduced to 215.70 USD from 230.59 USD. This was followed by another swift fall of 8.62% that took the coin to 202.08 USD. This is the lowest point of the coin of the week. However, the third swing came as a surprise when it started gaining strength, and by 11th August, it was at 216.56 USD. However, a steep fall was the next swing that happened, and the 5.63% decrease in the value forced the coin to 204.43 USD by 13th August. The last day has been little ominous for the coin as it has been hovering around 207 USD.
ETH Price Prediction-
As per our ETH Predictions, as one of the market’s top coins, it is likely to turn around its situation soon. Here are all the probable resistance and support levels of the coin.
|1st Resistance||211.5866667 USD|
|2nd Resistance||214.4633333 USD|
|3rd Resistance||217.5466667 USD|
|1st Support Level||205.6266667 USD|
|2nd Support Level||202.5433333 USD|
|3rd Support Level||199.6666667 USD|