Price Analysis

Ethereum Price Analysis: Ethereum Once Again Moves Beyond $260 And Continues The Surge

  • Ethereum has to move past $280 and hold on to it for long
  • Ethereum entices traders with steep surge who now wish for more

Ethereum (ETH) has been moving within $290 for almost a month now, and investors & traders wish ETH to cross the milestone of $300 which sets it on a new direction and target of crossing $500 by the end of the year. With the current pace, alliances, global events, and sponsorships, it may not be a difficult target for this coin. The current price statistics of ETH portrays a progressive exponential picture.

Ethereum Price Statistics:

Currently, as on June 13, 2019, at 06:31:08 UTC, the price of ETH is noted at $258.78. In the last 25 days, ETH has shown an upward trend of over 14.5% rising from $226 to its current value, but the attained momentum was not very easy as the coin kept dropping back steeply after a few surging movements which showed minimal consistency.

Ethereum Price Chart - 13 June

  • The price of ETH is trading at $258.78 and 0.03206844 BTC
  • The market cap has reached over $27,660,206,820
  • The 24 h volume is now $8,902,464,079
  • The circulating supply of the coin is 106,468,679 ETH which is also its total supply
  • The ROI is now >9000%

ETH has to push its price over $290 and generate long term interest from the current investors as well as crypto enthusiasts.

Ethereum Price Prediction:

Ethereum has the strong support of many multinational companies and has been growing faster. But that is not enough. The coin has to remain now unaffected with its dips or bullish run as the market segments are more different and less similar for every coin. Ethereum may rise up to $500 by the end of the year and may cross $1500 beating its all-time high in the next 2 years.

Conclusion:

It is a good time to buy ETH in bulk and save for heavy returns in the next one or two years.

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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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