After striking a sharp price hike reaching as high as 288.01 USD, Ethereum has tapped onto a bearish vibe with less volatility in its price path. In the last 24 hours, ETH has gone through a few price drops.
Being the topmost crypto asset, Bitcoin seems to be less affected, yet its price has fallen quite a bit after a notable price spike. Both the major cryptocurrencies have started to recover the prices but at a slow pace.
|Ethereum (ETH)||Bitcoin (BTC)|
|254.65 USD||8301.54 USD|
Return on Investment (RoI)
ETH and BTC Price Chart:
Yesterday, Ethereum went as high as 288.69 USD, from where it saw a pullback. After breaking its support at 263 USD, ETH had bottomed as low as 235.44 USD price point. The coin rebounded from there and after a small plunge, it has reached 254.65 USD price point. In the last 24 hours, it has decreased to 5.54%.
A similar price trend was witnessed by Bitcoin, where it had a sharp price spike at 9092.79 USD, which later saw a pullback. After breaking its support level at 8489.01 USD, it took a nosedive reaching 8033.24 USD price mark. Bitcoin is currently standing at 8301.54 USD with a decrease of 4.21 %.
The current price drop in both the crypto coins seems to be for a short term only. As both the cryptocurrencies are promising enough, their prices will soon see better price hikes.