Ethereum (ETH) Seems to Have Got Rid of the Bear Pressure

Ethereum (ETH) Price Analysis

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.

Ethereum Price Chart

Dirk Gobin

Dirk Gobin is a crypto-exchange expert. He also invests in the cryptocurrencies market and has a keen interest in exploring various crypto coins. He works as a content writer and editor at

Read Previous

Ethereum (ETH) Faces Huge Backlash Over the Last Week

Read Next

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

Leave a Reply

Your email address will not be published. Required fields are marked *