- Ethereum drops 2% in the last 2 hours, 9% in the day
- ETH may pick up momentum as soon as Bitcoin trades above $12,000 persistently
Ethereum has a slow day trading mostly below $320, and the spectators anticipate the coin to close the day on a low note. The current market statistics of the coin indicate a slow trend ahead for the rest of the day as well, but the coin may pick up pace over the weekend.
Ethereum Price Statistics:
As on June 27, 2019, at 10:45:31 UTC, the price of ETH token is noted at $311.18, and it has shown a downtrend of over 2% in the last 4 hours dropping from $317.74 to the current value. Overall in the day, the coin has dipped by 9% from $343.56 to the current value. ETH may revive back but will close the day trading within $320.
|Statistics||08:20:25 UTC||10:45:31 UTC|
|Circulating Supply||106,660,132||106,661,970 ETH|
|Return on Investment||>9000%||>9000%|
In the last few hours, ETH price has dropped from $320 to $311. The market cap of the coin has also declined sharply followed by its 24 h volume, but the circulating supply has shown a surge. The ROI of the con remains at >9000%.
Ethereum Price Prediction:
ETH has been moving hand-in-hand with Bitcoin, and as BTC has fallen to trade below to $12,000 after reaching $13,000, ETH has also lost its edge in the day and trading below $320 almost throughout the day. The coin once reached below $300 also and traded at $298 but rose back again. In the coming week, ETH may again start trading above $350 and stay there for longer. ETH may cross $500 and trade beyond by the end of 2019.
This is a good time to invest in ETH and patiently wait for the coin to pick up the pace and start yielding good returns.