The price performance of Ethereum has not been up to the
mark this year since the crypto market has faced a lot of volatile moments.
After the bears had made their position stronger since July, ETH coin has been
struggling on various occasions to come to stable price momentum. Yesterday’s
price movement shows how Ethereum is still struggling to get out of the bear
grip. The price has been moving in the range between $143 – $150.
Ethereum Price Analysis
ETH coin is trying to break out of the bear grip, but the
bears are in a strong position and have succeeded in taking the price below the
baseline yesterday. The price of Ethereum was at a low of $143.77 at 00:59 UTC.
The price continued to be below the baseline but then managed to pick up upward
momentum and reached a high of $150.3433 at 13:29 UTC, showing a rise of 4.59%.
However, this momentum could not be held for the long, and the price of
Ethereum again slid below the baseline due to continual market pressure. It
went down to the extent of 3.81% at $144.5759 at 21:24 UTC. At 23:11 UTC, the coin
managed to regain some upward swing and reached $146.0965 showing a rise of
1.05%. Then, the price has again fallen to $144.71 today.
Ethereum price may have to wait for the crypto market to show some stability as the bears are in full swing and control of the price of major altcoins, including ETH. Investors can right now consider the opportunity from a long-term perspective and consider investing. Short-term and day traders can continue their trading by being a little cautious in their outlook.
Ethereum’s last day’s growth has
put it at an advantage of 7.3% in the whole week
Ethereum (ETH) price has gained on the first day of
December, and this gain has made an overall 7.4% hike in the price of ETH coin over
the last week. There have been three major price variations in this period, and
the range of the variations has been between 132 USD and 155 USD.
Ethereum Price Analysis:
Ethereum was being traded at 140.58 USD on November 25,
and its first major shift happened between November 25 & 27. Over these two
days, the coin got a hike of 17.50% that pushed the ETH price to 155.89 USD. It
was followed by freefall of 6.18% over the next three days, and the value got
to 146.26 USD. However, Ethereum started December with a 3.69% increment that
added 5.39 USD to the value and pushed it to 151.65 USD.
Ethereum’s 20 days MA is now at 150.89 USD, and it’s
50 days MA stands at 151.05 USD. The current value at 150.85 USD is 0.13% and
0.02% less than the 50 days and 20 days moving averages, respectively. The
current price of Ethereum is lagging both averages, and it hints at the
upcoming struggle. As per our prediction, there may not be any unprecedented
significant movement in ETH’s price movement in the next couple of days.
ETH’s last week’s 6.22% decline in
the value could not deter its strong market image.
It may take a little longer to
recover; the next resistance may fall at $155.19
Ethereum (ETH) has been rising since November 25, but
it is yet to make a significant gain that can suffice to push the value near
the weekly high. Over the last week, the ETH coin has lost 6.22%, and the price
has now reached 152 USD from 162 USD.
ETH/USD Price Chart (5-Day):
Ethereum was being traded at 162.32 USD on November 22,
and over the next three days, it lost 30.52 USD to be placed at 131.80 USD. It
was followed by a 17.73% hike that added 23.37 USD, and through this hike, ETH
coin scaled as high as 155.17 USD by November 27. The last variation happened
between November 27 & 28, and in these 24 hours, Ethereum lost 3.78% value to
reach 149.31 USD. The current price of ETH now roams around 152.22 USD.
Ethereum Price Prediction:
The market cap on November 22 was 16.327 billion USD,
and now it has increased to 16.580 billion USD. It shows that Ethereum’s market
perception has managed to improve despite this week’s initial struggle.
ETH’s 20 days MA is now at 152.33 USD, and it’s 50
days MA stands at 151.75 USD. The current value of Ethereum is at 152.22 USD,
which is 0.30% more and 0.07% less than the 50 days and 20 days moving averages,
respectively. Ethereum may see the next halt at 155.19 USD.
Ethereum started improving from yesterday. The growth was
spotted in the coin during the opening hours, but later, the coin started
falling. The downtrend is moderate but yet continuous. The intraday traders
might close with a loss.
However, there is also a strong possibility for ETH coin to
shine as the movement is quite dramatic. Yesterday, the coin touched a high of $154.89
and a low at $143.53.
Ethereum Price Analysis:
Yesterday, Ethereum started the day at $148. The price
slipped to $145 by 2.13%. Further, the price improved and touched to $147 by
1.49%. The currency dropped to $142 by 3.32%. There was another improvement
marked in the coin price that brought ETH to $149 by 5.25%. Further, the Ethereum
price improved and went up to $155 by 3.87%. The closing hours took the coin to
$153. The regression was marked as 1.61%. The intraday movement in the coin
reflected improvement by 3.29%. Today, Ethereum touched $155 from $153 by
1.25%. The price slipped to $151 by 2.30%. The currency escalated to $153 by
1.39%. Later, the coin touched $150 from $152 by 1.62%.
Ethereum has given flourishing results in the past. The
expected improvement would take place at some time. The current movement is
reflecting a dramatic walk of the coin. The currency might touch the immediate
resistance level at $157. ETH coin is recommended for long-term investment.
Ethereum price movement is surprising to the traders. The
day began with a slight fall which grew voluptuously and later the same
recovered. A few days ago, ETH coin was spotted touching an unexpected low.
Thereafter, the currency is struggling to recover. Yesterday, the intraday
movement registered progress. The same is expected from the intraday movement
in the coin today. Yesterday, Ethereum touched a high at $150 and a low at $145.22.
The volume marked as $7,648,516,297.
Ethereum Price Analysis:
Yesterday, Ethereum started dealing at $144.86. The price
escalated to $150.86 during the opening hours by 4.14%. The currency dropped to
$144.57 immediately after the hike. Later, the ETH price picked up again and
touched $149.69 by 3.54%. The currency closed the day at $148.81. The intraday price
movement brought progression by 2.73%. Today, the coin started with a fall of
1.83%. The counters moved from $148.81 to $146.08. Later, the currency shifted
to $143.12 from $148.74 by 3.78%. Recently, the Ethereum price has taken an
astounding hike. The price touched $150.39 by 5.08% progression.
would probably improve in the impending days. The traders who are interested in
the coin are suggested to go with the long-term investment for drawing high returns
as the short-term might not be fruitful for investment.
It seems like
Ethereum is trying to improve. After dropping to the immediate support at $146,
the currency touched the immediate resistance at $151. The currency is
currently hanging in the middle is at $148. The intraday traders can expect a
better day as the market is directed towards the uptrend.
recovering from yesterday’s price crash. The currency dropped below the 90-day low
price and created a new one. The traders interested in ETH coin were
disappointed. Well, Ethereum wasn’t the only coin touching the lower level as
Bitcoin & Ripple, and many others were spotted suffering too.
yesterday’s statistics, the currency touched a high of $150.21 and a low at $133.80.
The volume marked as $10,962,753,356.
Ethereum started the day at $153.30. The currency slipped to $143.76. Later,
the ETH price slipped to a lower level to $134.04 from $143.76 by 6.76% drop.
Further, the price escalated to $151.06 by 12.63% hike. The closing hours again
brought a fall of 2.36%. The price counters moved from $151.06 to $147.32.
Today, the price of Ethereum started recovering from the opening hour. The
counters shifted to $149.96 from $147.32 by 1.79%. Recently, the price slipped
to $146.75 by 2.23%.
ETH price is
recovering rapidly, and the coin is currently at $148.17. The price is spotted
moving towards the immediate resistance level $153. In some time, ETH coin would
be seen breaching the same. The traders who are planning to pick Ethereum are
recommended to go for long-term investment. The specified period would give the
desired return to the investors.
Ethereum was trading at $184.20
on November 18, 2019. Slight drop at $175.55 noticed on the same day, but the
coin managed to maintain the same consistency until November 21, 2019. Then,
ETH’s price dropped by 11.27% and reached $156.79 from $176.71. On the next
day, Ethereum price again dropped to $140.70 which was the lowest price of 24
hours. While writing this piece, the currency was reflecting signs of slight
Ethereum Price Analysis:
ETH price was $140.70
yesterday, and now it is showing growth by 7.49%. It is likely to rise further
upwards and can reach its next resistance $153.01 shortly. If the same trend
continues, in the upcoming days, the coin can get traded up to its major
It looks like a good time to purchase new ETH coins. The past five days’ performance for Ethereum has been a mixed one as upside movement was persisting until November 21, 2019, and then the bears took over. However, the current movement indicates recovery.
Ethereum loses 10% in one week to
reach $162 from $180
The next halt for ETH coin may come
Ethereum could not escape from the gloomy market
conditions, and it has made a loss of almost 10% over the last week. The three
major price variations of this week took the ETH price from 185 USD to 156 USD.
The coin’s struggle is here to continue for some more days.
ETH price was being traded at 179.82 USD on November 16, and over the next 1 day, it gained 3.28% and added 5.90 USD to the value and reached 185.72 USD. At 20:30 UTC on November 17, Ethereum started weakening, and after losing 7.12%, it got placed at 172.49 USD on November 19. It was followed by another slump of 9.08% in the value, and it brought the ETH price down to 156.82 USD by November 21, 15:00 UTC. The current price is now roaming around 162 USD.
The market cap of ETH on November 16 was 19.908
billion USD, and it has fallen by a huge margin in the last seven days. As per
the current data, the market cap is now at 17.654 billion USD. Ethereum’s 50
days MA stands at 161.40 USD, and the 100 days MA is now at 1160.33 USD. The
current price of ETH coin is more than both the averages. Ethereum may soon
find the support of 155.15 USD.
(ETH) has been battling the bears for a long time now. The improvement in the
coin is long-awaited by the traders. Well, the growth seems to get postponed as
the current price momentum is quite disappointing. Intraday trading is also
speculated to remain unfruitful.
Ethereum price was seen dealing as high as $186.93 and as low as $179.18. The
volume marked by ETH coin was $7,787,662,111.
Yesterday, Ethereum started dealing at $184.48. The price shifted to $182.99 in the later hours by 0.80%. The price recovered in the later hours and jumped to $184.56 by 0.85%.
Thereafter, the ETH coin price started falling. The coin took a huge drop and brought the price to $175.59 by 3.99%. The currency escalated to $179.44 by 2.2%. There was a slight drop in the ETH price at the end of the day.
The counter touched $178.41 by the end of the day. The intraday movement in the price registers an overall regression of 3.28%.
Today, Ethereum is falling since the opening hours. The counters changed from $178.41 to $176.36 by 1.15%.
ETH coin is
slowly moving towards the next support level at $174.47. The coin has breached
the immediate support at $177.52. There is a possibility that the Ethereum price
can drop to the major support level at $169. If the momentum reverses then, ETH
price might be seen touching the immediate resistance level at $193. The
possibility of improvement is quite thin.
speculated to give great results in the future. The currency is speculated to
give best the result in the long run. Hence, we would suggest to pick long-term
investment for gaining colossal profits.
The market has been marking the hasty movement for a long
time. The big forces of the market are shattered due to the same. The bitcoin price
is currently at $8,500. It was seen touching $13,000 in the past. However, if
we look at Ethereum, the coin has tried harder, and hence is currently locked
around $180. To understand the momentum more precisely, let’s have a look at
the monthly chart of ETH coin:
Ethereum Price Analysis
As per the price trend of Ethereum, the coin is spotted
moving in a straight line with in-between peep-ups. The ETH coin started
dealing at $180.81 on October 01, 2019. The price slipped to $170 by 5.98%.
Later, the price escalated to $198.12 by 16.47%. The currency couldn’t hold
itself at the level and fell to $174.87 by 11.73%. The fall remain intact and
took the price of Ethereum to $158.60 by 9.45%. The ETH price jumped to $198.21
by 25.27% in the later days. In the last few days, ETH’s price slipped back to
$182.92 by 7.70%. The coin registered 1.71% progression. The ongoing month
started with escalation in ETH. The price counters moved from $182.92 to $194.49
by 6.22%. However, later, the price dropped again and touched $184.25. The
regression marked was 5.27%. Recently, the coin is seen moving around the same
level of $180.
Ethereum price movement has a past of satisfying the
traders. The coin price anticipated to improve in the coming days. For intraday
trading, the ETH coin is moving towards the immediate support level at $177.85.
interested traders are recommended for opting for long-term investment.
The short-term investment might not give the assumed result; hence we wouldn’t
vote for the same.