Ethereum (ETH) Ensures Steep Uptrend; Price Hovers at $182

  • Ethereum price is ridding the bull with tremendous speed. 
  • ETH price rally is speculated to touch a new high. 

Ethereum price has taken a terrific turn on the intraday chart. The momentum of the price is great, which is helping the coin to recover from the recent drop. The traders who had invested in Ethereum would get a satisfactory result today. 

The upsurge in the price is a clear indication of the upcoming price rally. The same is speculated to embark very soon. Now, let’s have a look at the price chart of Ethereum (ETH)

Current Statistics of Ethereum (ETH): 

The Trading View chart is taken on 8th September 2019 at 06:16:18 UTC for price analysis. 

Ethereum Price
ETH Price Chart by TradingView

Looking at the chart, the coin is reflecting an upsurge in the price. The coin started dealing at $169 on September 7, 2019. There was an upsurge marked when the price jumped from $169 to $172 by 1.69%. The uptrend continued and piece switched from $172 to $181. This time the escalation was of 4.97%. The coin closed at $178. Today, there is again an upsurge marked of 3.10%. The price switched from $179 to $184.

Summary of the statistics: 

  • The price of Ethereum is at 181.47 USD. 
  • The return on investment is marked as 6,308%. 
  • The circulating supply is noted as 107,654,916 ETH. 
  • The 24hr volume of the coin is at 7,218,814,789 USD.
  • The market cap stands at 19,536,142,784 USD. 

Ethereum Price Prediction and Conclusion: 

The price of Ethereum is moving with astounding speed. It seems to recover all the losses incurred in the last few months. The coin is rumored to have a great future. We are positive that the investment in Ethereum wouldn’t go futile.

In the coming years, the coin is likely to deal with a good profit. The short term investment in Ethereum might bring a positive result, but a long term investment is speculated to give the best. We would recommend the traders to diverge the investment to cut short the risk. 

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