Ethereum (ETH) Intraday Recovery Shoots the Price to $148

  • Ethereum price seems to be on a recovery spree
  • The improvement in the coin might be short-lived

Ethereum is 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.

As per 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 Price Prediction

Yesterday, 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%.

Ethereum Price

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.

Resistance Level Price Support Level Price
R1 $153.19 S1 $136.78
R2 $159.91 S2 $127.09
R3 $169.6 S3 $120.37

Sandra Farris

Sandra Farris has years of experience as a finance analyst. She excels in finance exchange and also has keen interest in dealing with the stock market. She loves solving puzzles in her free time.

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