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Price Analysis

Ethereum Price Analysis: Will Ethereum (ETH) Cross $320 In This Week?

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  • Ethereum may rise exponentially in the second half of the year
  • Ethereum holders should hold tight as the currency goes for a longer upswing

Ethereum seems to be launching itself in the surging trends and may rise upwards steeply in the coming weeks. The coin has shown tremendous growth in the last 7 days rising as high as $318 and may be able to cross the $320 mark, very soon, which does not seem too far now. The current market performance of the coin indicates a progressive and sustainable future for all investors and traders.

Ethereum Price Statistics:

As on June 24, 2019, at 08:20:22 UTC, the price of ETH token is noted to be $306.38, and it is rising upwards. In the last one month, the coin has shown an uptrend of over 23% rising from $248.10 to its current value, and it also peaked as high as $318 in between. The momentum was slow till June 20 post which ETH started climbing up steeply and rose to cross $300 first followed by $310 as well in the last 7 days.

ETH Price Chart - 24 June
ETH Price Chart
  • Ethereum is currently trading at $306.38 and 0.02840698 BTC
  • The market cap of the coin is noted at $32,674,135,154
  • The 24 h volume of the coin is now $8,052,793,953
  • The circulating supply of the coin has reached 106,619,457 ETH
  • The ROI of ETH is noted at >9000%

The bullish trend will continue for this week as well, and ETH may close it trading at or around $320 as per the current rising performance.

Ethereum Price Prediction:

Ethereum may rise as high as $500 and beyond by the end of 2019. Also, it will take a few more years to set new record highs with its phenomenal growth.

Conclusion:

It is a good time to invest in ETH and save for the future as the currency is powerful, long-term, and safe for huge investments for better returns.

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Ruti Vora

Ruti has recently joined CryptonewsZ as a writer and has been writing on other cryptocurrency sites as well. Having a background of tech field makes her versatile with a keen interest in literature. You will find her surrounded by books and music when she is not on work. You can also contact her on Linkedin or Facebook.
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