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 recovery.
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 resistance $160.
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.