Price Analysis

Ethereum Records 0.4% Surge within a Day; Moving Past $175

  • ETH surges from $174 to $175 within a day
  • ETH may move past $180 by the weekend

It is a good time for Ethereum holders as the coin is showing signs of improvement and may start trading above $200 very soon. The current market performance of the token also indicates the commencement of bullish trends by the end of this month, and hence traders must keep a close watch on this coin.

ETH Price Chart:

As on September 06, 2019 at 07:23:52 UTC, the price of Ethereum token is noted to be $175.34, and it has recorded an uptrend of over 0.4% since yesterday surging from $174.63 to its current value. Yesterday, ETH started dropping and went as low as $170.30 at the start of the day but then picked up a good pace to cross $175.61. It is currently trading at a lower end but may cross $180 by the end of the week.

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Ethereum Price
Ethereum Chart By TradingView
  • The price of ETH token is noted to be $175.34 and 0.01638629 BTC
  • The market cap of the coin is now $18,923,949,751
  • The 24 h volume of the coin stands at $5,764,572,540
  • The ROI of the coin is now 6,102.90%
  • The circulating supply of the coin is now 107,626,321 ETH

The highest recorded value of Ethereum in the last 30 days was $226, and in the last 7 days it came down to $182. It can be anticipated that ETH may move between $180 and $200 in the next 2 weeks.

Ethereum Price Prediction and Conclusion:

In the last 90-days, Ethereum has grown up to $361, and hence it can be expected that the coin may make sudden jumps once again in the remaining months of the year. All in all, it has been a good year for ETH token as the coin has made some good progress in the first half of the year.

This is a good time to plan bulk investments in the ETH token and start stacking up for future benefits.

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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