Price Analysis

Ethereum Price Analysis: Ethereum Shows An Uptrend Of Over 6% In The Day Rising To $309

  • Ethereum may rise to a certain value over the weekend
  • Ethereum records 0.5% downtrend in the last 1.5 hours but 6% surge overall in the day

As the weekend approaches, ETH has resumed back to slower trends and may close the week trading just above $300, but it may rise back again to cross $360 soon. The current market performance of the coin indicates that the coin is resuming back to the growth trajectory. Hence, traders should hold on to the currency till the end of the day when it may reach its highest value of the day.

ETH Price Chart Statistics:

ETH has shown an uptrend of over 6% since the beginning of the day rising from $290.90 to as high as $309.29, but the coin is currently trading at $304.00 showing a downtrend of over 0.9% in the last 1.5 hours. The coin seems to be rising back again and may close the day trading above $310.

Ethereum price chart - june 28

Statistics 09:19:04 UTC10:45:31 UTC
Price  (ETH to USD)306.92304.00
Price (BTC)0.026175010.02635305
Market Capitalization32,675,016,12332,522,019,022
24h volume13,653,611,39513,748,951,581
Circulating Supply106,674,830106,675,551 ETH
Return on Investment>9000%>9000%

The ETH price token has fallen slightly in the last one day as well as last few hours. The market capital has also reduced a bit, but 24 h volume and circulating supply of the coin have shown a slight surge in the last few hours.

Ethereum Price Prediction:

Ethereum may cross $340 at the beginning of next week and may trade above this value for the most part of the week. It may also trade above $400 by the mid of the next month and head speedily towards $500 target.

Conclusion:

As the prices are currently low, this is the right time to invest in bulk in ETH and wait for the coin to resume back to bullish trends giving huge returns.

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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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