Ethereum Price Analysis: Ethereum Movement has been Tremendous in the Last 5 Days

Ethereum and Ripple, both are in the news from quite a long time. As of ETH coin is growing tremendously, but so is XRP.  However, ETH is leading in the race. Let’s hope for the same to succeed by the end of 2019.

Current Statistics of Ethereum

ETH price is trading at $201.28 at 01:18 UTC in 2019. The other essential factors are as follows:

  • Return on Investment: 7022.19%
  • Total supply/Circulating Supply: 107,391,919 ETH/ 107,391,919 ETH
  • 24 Hour Volume: 6,122,650,905 USD
  • Market Cap: 21,658,083,505 USD
  • 7 Day high/low: 211.30 USD / 178.14 USD

ETH to USD Price Comparison

Ethereum price chart - Aug 20
Ethereum Chart By TradingView

The trend of ETH coin is just amazing. In the last five days, the price of Ethereum has only surged in the upward direction. On 15th August, the value was trading initially at $174.97 at 06:15 UTC, the value increased by 7.93% on the same day at 23:30 UTC trading at $188.84. The value then increased furthered by 4.75% on 18th August at 17:10 UTC with the trading value changed to $197.82. ETH price then is increased by 2% as of now. For more secure trading, following resistance and support levels may assist traders in avoiding any misfortunes. Based on the chart-pattern formation and Ethereum predictions, the coin is likely to continue the uptrend.

Resistance Levels

  • R3: 217.18
  • R2: 210.37
  • R1: 206.73

Support Levels

  • S1: 196.28
  • S2: 189.47
  • S3: 185.85

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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