Ethereum Starts its Race Towards $200 after a 4.05% Hike Yesterday

  • Ethereum grows by 4.05% and now aims 200 USD.
  • The next resistance may be found at 195 USD.

Ethereum has been able to grow by a whopping 4.05% in the last 24 hours. The value of each coin is almost 5 USD below from 200 USD. And looking at the last day’s growth, it can be said that it has started its race against 200 USD.

ETH to USD Price Analysis-

Ethereum price chart
ETH Price Chart by TradingView

Ethereum’s first swing happened between 00:16 UTC and 03:44 UTC and this swing made a cut of 4.55 USD from Ethereum. This fall pushed the value to the lowest of the day at 186.34 USD. This was followed by a hike of 1.89% and by 10:59 UTC, this swing added 3.51 USD. After the next few hours of volatility, it gathered momentum and managed to get another hike of 1.71% and reached 190 USD by 20:07 UTC. Towards the closing of Sunday, it managed to be revalued and the highest growth was made between 22:35 UTC and 03:02 UTC of today. This swing of 3.72% added 7 USD and placed the value at 195.50 USD by 03:02 UTC.

Ethereum Starts its Race Towards $200 after a 4.05% Hike Yesterday

Ethereum Price Prediction-

Ethereum is one of the top-ranked altcoins and it is often considered as a pioneer coin. The latest growth of Ethereum may give a new direction to the whole market. The medium-term outlook of Ethereum is likely to be bullish and it may face major resistance at 195 USD next. To know more about Ethereum Predictions you must need to visit forecast page.

Ethereum (ETH) Resistance and Support Levels
1st Resistance $191.31
2nd Resistance $192.83
3rd Resistance $195.26
1st Support Level $187.36
2nd Support Level $184.93
3rd Support Level $183.41

Ethereum Starts its Race Towards $200 after a 4.05% Hike Yesterday

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.

Related Articles

Back to top button