Price Analysis

Ethereum Price Analysis: Ethereum May Cross $280 By The End Of This Week

  • Ethereum seeks the interest of investors for the long term with rising trends
  • ETH token may cross the $300 price mark by the end of June

After days of sideways pattern, Ethereum has picked up the pace once again and opened the day on a high note. It is rising upwards and may cross $275 in the next few hours. This week can prove to be a bullish one as ETH token follows the trail of Bitcoin and sets new targets by the end of the week. The coin may cross $280 and stay there for a longer duration. The current market performance is positive and enjoyable.

Ethereum Price Statistics:

In the last 25 days, Ethereum has shown an uptrend of over 16% rising from $232.89 to currently trading at $271.19 as on June 18, 2019, at 02:13:43 UTC.

Ethereum Price Chart - 18 June

  • The price of the coins is now trading at $271.19 and 0.02922152 BTC
  • The market cap of the coin is now $29,007,974,035
  • The 24 h volume of the coin has reached $5,959,227,260
  • The circulating supply of the coin has reached 106,534,540 ETH
  • The ROI now stands at >9000%

25 days back, on 23rd May, Ethereum was trading as low as $232.89, which exhibits growth of 16.44%, when compared with the current price. Ethereum has been picking up pace since yesterday as Bitcoin trades above $9000 and closed the day at $275. By the end of this week, ETH should be able to cross $280 mark.

Ethereum Price Prediction:

ETH may cross $300 by the end of next month and can also reach up to $500 and beyond by the end of 2019. With global events planned in the second half of the year, ETH time is only going to get better.

Conclusion:

This is an excellent time to invest in Ethereum and save for the long-term gains as the coin reaches new heights by the end of the year.

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Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on world's leading digital currencies. She holds graduate degree in journalism.

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