Ethereum (ETH) Descends by 2.21% Since Yesterday

The Ethereum Price movement has reflected a marginal improvement. In the last seven days, the currency battled the bear and took the price from $146 (November 26, 2019) to $151 (today, December 02, 2019). The market cap changed from $16,193,326,033 (November 26, 2019) to $16,479,021,340 (today, December 02, 2019). However, the ETH coin is reflecting a substantial loss since yesterday. The intraday traders are anticipated to book losses.

Ethereum Price Analysis:

Yesterday, ETH price started dealing at $152.04. The price dropped to $146.84 by 3.45%. The price jumped to $149.44 by 1.77%. Later, the Ethereum price slipped to $146.74 by 1.81%. The coin shifted to $153.55 by 4.64%. Further, the coin took an astounding leap and touched $153.55 by 4.64%. The price dropped to $149.79 by 2.45% in the later hours. The ETH coin again embarked recovery before closing and touched $153.02 again by 2.16%. Ethereum closed the day with 2.45% regression at $151.97. Today, the day began with an escalation. The price counter touched $150.97 by 0.87%. The price escalated to $152.73 by 1.21%. Later, the price again slipped to $148.67.

Ethereum (ETH) Price Chart

Along with Ethereum, many other coins were reflecting uptrend a few hours ago. And now, the currency is registering the loss. The ETH coin has breached the immediate support level at $148.01. The coin can slip to the next support level at $144.83. The market isn’t giving impressive signs as of now, but the situation is likely to improve at some time. The traders are recommended to opt for long-term investment in Ethereum. The specified period would give the desired result to the investors.

Ethereum (ETH) Records 11.23% Drop Since Last 90 Days

Market Update on Ethereum: Virgil Griffith, who has of late been working at the Ethereum Foundation, has been captured for purportedly setting off to a gathering in North Korea and sharing his ability in utilizing digital currency.

Ethereum Price Analysis

Ethereum Price

Ethereum shows the dominance by the bears presently as per 3-month’s price movement. On August 31, the ETH price was trading at $173.70. It fell to $168.77 on September 6, 2019, but managed to soar to heights of $221.70 with a 31.37% increase. On September 26, Ethereum witnessed a major fall, and the price reached $159.14. Then, the currency got hiked by 23.13% and reached $195.96. From October 26 to November 18, ETH’s price was moving at a constant pace until November 17. Presently, Ethereum’s price movement indicates a slight recovery after sharp declines.

$186.09 was the price of Ethereum on November 17, and presently, it stands at $154.45, which means it is reflecting a price drop of 17%. As per the recent recovery, it may trade next to its immediate resistance of $158 shortly.

We suggest to buy or hold for the ETH today as per the trend noticed. It may be circulated today between $153 and $156. The performance for Ethereum since about the end of August 2019 has been a mixed one with both trends. Since November 19, 2019, the bears have a stronghold on it. ETH is one of the best cryptocurrencies we have today and hence, trading from the long-term will prove to be beneficial.

Ethereum (ETH) Plunges by 17% in a Week-long Run

Ethereum price movement was spotted marking loss in the weekly run. The fall seems to stay with the coin for a little longer than expected. Few coins have started recovering, but ETH is still battling with the bear. The possibility of improvement still seems hanging. The traders might need to show a little more patience with the coin. In the last three months, the Ethereum price was spotted dealing at a high of $156.61 and a low of $133.80.

Ethereum Price Analysis:

ETH coin was dealing at $187.39 on August 28, 2019. The month closed with a fall of 10.23% at $169.01. The currency improved at the beginning of September and touched $222.95 by 31.91% progression. Later, the price of Ethereum dropped to $155.03 by 30.6%. The price escalated in the later days and touched $196.70 by 26.88%. There was a heavy drop and touched $156.22. Further, the ETH price jumped and touched $198.38 by 26.90%. The month closed at $182.40. The ongoing month started with a moderate movement. Later, the price dropped to $136.25 by 21.67%. There is a slight improvement in the coin that has brought the Ethereum price to $153.97.

ETH/USD Price Chart

Ethereum is under huge pressure. The currency would take a substantial amount of time to improve. The traders interested in the coin must remain patient so that in the future, they could book a colossal profit.

As far as the intraday trading is concerned, ETH coin would remain dramatic. The current price of Ethereum is $155. The coin might move towards the immediate support level at $150. Ethereum is recommended for long-term investors. The specified investment would bring the desired return to traders.

Ethereum’s YTD Movement Brings the Price Back to Yearly Opening

Ethereum price is back to the level from where it began. There is a marginal loss as the opening price during January $159, and now it is at $152. The upsurge is rumored to begin shortly. The traders are eagerly eyeing for the same. The current market scenario is also giving a similar indication. The prices of the major coins are escalating.

ETH/USD Price Chart:

ETH/USD Price Chart

Ethereum Price Analysis:

Ethereum began the year with regression. The counters moved from $159.36 to $110.55 by 30.55% in January. In February, the ETH price escalated by 24.99%. The price of the coin climbed to $138.18. The price jumped to $143.20 by 3.59%. The quarter marked a 10.30% loss in the coin. In April, the price of Ethereum moved to $165.77 from $143.20 by 15.76%. The uptrend continued and touched $269.40 by 62.51% in May. In June, the currency jumped to $302.47 by 12.28%. The quarter doubled the ETH price from $143 to $302. In July, the Ethereum price shifted to $219.50 from $302.47 by 27.43%. In August, the price moved to $173.99 by 20.73%. In September, the price improved and touched $186.56 by 7.22%. The quarter marked 38.32% regression in the ETH coin. In October, the coin moved around $186. In November, the price dropped to $151.99 by 18.06%.

Ethereum is anticipated to improve in the coming days. The investment in the coin is speculated to give the flourishing result. The traders looking to investment in Ethereum are suggested to opt for long-term investment. The specified period would give the desired return to the traders.

Resistance Level Price
R1 $157.42
R2 $161.84
R3 $168.78
Support Level Price
S1 $146.06
S2 $139.12
S3 $134.7

Ethereum is currently dealing at $152. Intraday trading seems to give a better return. The coin is moving towards the immediate level at $157. If the coin keeps the movement intact, Ethereum could touch the next support level $161.

Will Ethereum (ETH) Succeed in Outclassing the Bears?

  • ETH coin is on a roller coaster ride due to the ongoing bearish sentiment

Ethereum price had a good beginning to the week, but it could not keep up with this momentum during the later phase of the week as the bears started getting stronger and putting the price under undue pressure. The price movement of ETH from past seven days shows the price oscillating in the range between $135 – $176.

Ethereum Price Analysis:

ETH price has been battling the bears ever since the bearish sentiment came into the crypto market. The past week saw the price of ETH undergoing huge variations with the week starting on a good not but ending on a low note. The price was at a high of $176.5565 on November 20. It fell to the tune of 9.35% at $160.0452 on November 21. There was a slight recovery on the next day when the price of Ethereum reached $162.1242, showing a recovery of 1.14%. The price of ETH coin went below the baseline at $144.5442 on the same day. It did rise on November 23 at $152.5742 showing a rise of 5.82%. With the bears continuing to exert pressure, the price again slid to $135.0986 on November 25. The current day’s price is at $147.8296, showing a recovery to the extent of 9.42%.

Ethereum (ETH) Price Chart

Ethereum price has been going on a roller coaster ride since the bearish phase has started getting stronger in the crypto market. Analysts are, however, confident about ETH’s potential. Current investors should continue to hold on to their investments from a long-term perspective. Day traders can make gains as there have been bouts of rising and fall for the ETH price.

Ethereum (ETH) Makes a Move to Gain; Still Miles behind the Monthly High

  • Ethereum loses 16% in one day and got placed at $147
  • The next resistance may fall upon ETH coin at $153.19

Ethereum has shown a significant hike over the last 24 hours, and it has now gone beyond 147 USD. However, in the last 30 days, ETH coin’s journey has been full of unprecedented fluctuations that make an overall 16.78% slump in the value against USD. The movement pattern of Ethereum can be divided into three major phases of price change.

Ethereum Price Analysis

ETH coin was being traded at 177.49 USD on October 27, and over the next 10 days, it got increased by 9.36% to be placed at 194.10 USD. On November 06, Ethereum started weakening and lost 36.10 USD by November 21 to be placed at 158 USD. The last variation happened between November 22 & 25, and in these 3 days, the currency made a loss of 18.80% that cost it 30.52 USD and reached 131.80 USD. The current price of Ethereum is trading around 147 USD.

Ethereum Price

The market cap of Ethereum on October 27 was 19.957 billion USD, and over the last 30 days, it has been decreased to 16.032 billion USD. There has been immense volatility on the market cap front, as well.

ETH coin’s 20 days MA is now at 147.15 USD, and it’s 50 days MA stands at 143.61 USD. The current value of Ethereum at 147.69 USD is more than both the moving averages. Ethereum may find the next resistance at 153.19 USD.

Ethereum (ETH) Resistance and Support Levels
1st Resistance $153.1933
2nd Resistance $159.9066
3rd Resistance $169.6033
1st Support $136.7833
2nd Support $127.0866
3rd Support $120.3733

Ethereum (ETH) Records 29.21% Drop Over the Last 24 Hours

Ethereum was trading at $195.83 on October 26, 2019. The price did not see any major fall post this and remained close to $192 mark. On November 15, 2019, ETH coin was trading at $178.23 by 6.78% drop. Though the present scenario indicates a bearish run, the coin is showing the slight movement of recovery.

Ethereum Price Analysis

ETH coin was priced $162.67, dated November 21, 2019, and today it stands at $138.81 which shows fall of almost 15%. However, as per the current price trend, we anticipate that the price will recover and reach close to $145.23 shortly.

It is anticipated to buy Ethereum as per the trend noticed. Today, ETH coin may trade in the range of $133 and $145. The currency was trying to maintain its price for almost a month, but since November 21, 2019, the bears have started to dominate it. Considering the coin’s huge ability and past performance, it may reach $150 soon.

Ethereum Price

Ethereum Price Drops to the Quarterly Low

  • Ethereum price experiences a heavy drop
  • The intraday trading still reflects no hope for profit

Yesterday, Ethereum (ETH) fell to the 90-day low. In the later hours, the price improved, but there are speculations that it might drop to a much lower level too. The improvement sign in ETH is still quite rare. In the past, the traders who have invested in the coin must be aware of the movement. The currency has the potential to pick itself from the lower level quite well and mark an astounding high.

Ethereum Price Prediction:

Yesterday, ETH coin started dealing at $162. The price kept hovering at the same level for some time but later fell to $147.90 from $160.81 by 8.06%. The price slipped again and touched $141.04. Further, Ethereum recovered and touched $154.55 by 9.58%. Before closing, the currency dropped by 3.73% at $148.89. Ethereum closed the day around $150. The intraday movement in the coin reflected regression of 7.38%. Today, the coin started at $149. Later, the coin escalated to $152.52 from $147.74. Later, the price of Ethereum dropped to $148.56 by 2.59%.

Ethereum Price Chart

At present, the entire crypto market is suffering from a heavy blow. Bitcoin, the market controller is also spotted dealing at considerably lower level. The improvement would take place in some time, and till then the traders are suggested to remain calm.

For intraday traders, Ethereum isn’t speculated to give a positive result. The price is slipping towards the immediate support level at $140.73. ETH price might drop to the next support level at $131.19.

Resistance Level Price Support Level Price
R1 $161.42 S1 $140.73
R2 $172.57 S2 $131.19
R3 $182.11 S3 $120.04

The currency is recommended for long-term traders. However, the traders are highly suggested to hold on to their investment. The current market scenario isn’t suitable for investment as it might turn out to be chancy.

Ethereum (ETH) Registers Hefty Fall in the Month-long Movement

Ethereum is counted among the top cryptocurrencies in the market. In the past, ETH coin was spotted, giving great results. The currency started falling from the third quarter and is still spotted under heavy pressure. The improvement in the coin is speculated to take place in some time.

In the last 30 days, the ETH coin is trying to maintain itself at a higher level. Well, the effort went in vain as the price has moved from $158 to $155 in the 30 days period. At the same time, Ethereum price was spotted touching a high at $195.94 and a low at $155.

Ethereum Price Analysis:

Ethereum-Price-Chart

ETH coin started dealing at $158.45 on October 23, 2019. The price escalated to $198.12 by 25.09%. The price slipped to $178.56 by 16%.

Later, Ethereum escalated the price to $191.56 by 7.28%. The last few days of the month took the price to $183.04 by 4.60%.

November started at $183. The price escalated in the later days to $193.64 from $181.12 by 5.24%. The ETH coin couldn’t hold itself at $193 and dropped to $183 by a 3% fall.

Further, there was a slight uptrend in the coin that brought the price of Ethereum up to $187.64 by 2.54%.

Thereafter, the price started dropping. The tremendous fall in the price has brought ETH coin to $155.94 from $184.41. The regression marked in Ethereum is of 15.35%.

During the ongoing month, the price has marked 14.53% loss as the opening price on November 01 was $183.04 and now it is at $159.

Ethereum is slowly sliding towards the immediate support level at $155. The current price of the coin is $159.

In the coming hours, the currency seems to drop below the next support level at $148. The intraday traders might be experiencing a profitable day.

Resistance Level Price
R1 $171.99
R2 $ 182.52
R3 $ 188.83
Support Level Price
S1 $ 155.15
S2 $148.84
S3 $138.31

Ethereum is usually suggested for long-term traders. But the current price movement is not likely to be the best time for investment. Hence, we would recommend the traders to stay put for some time. 

Ethereum (ETH) Reflects Heavy Plunge Since the Last Week

Ethereum is a high potential coin. In the past, the traders have earned a considerable return. The same has managed to keep the coin among the top players in the crypto market. However, the recent trend is quite disappointing and has taken over ETH coin too. The coin price is spotted falling, but somehow it tries to maintain the momentum.

Ethereum Price Analysis

Ethereum Price

The week started at $185. The ETH price closed the day at $179 by 2.93%. On November 16, the price escalated to $183. The progression was 1.91%. the trend remained locked on the next day and took the price of Ethereum to $184 by 0.63%. There was a heavy fall on November 18 that took the price to $178 by 3.43%. On the next day, the coin slips to $175 by 1.55%. The fall remained intact in yesterday’s price movement. The price touched $174 by 0.67%. Today, the price dropped to $171 by 1.69%.

Ethereum price is currently dealing at $172. The coin has violated the immediate support level and heading towards the next support level. It wouldn’t be a surprise if ETH coin breached the major support level at $170 and trades below it. The coin is recommended for long-term investment. The same would give huge returns to the investors.

Resistance Level Price
R1 $178.03
R2 $180.36
R3 $181.73
Support Level Price
S1 $174.33
S2 $172.96
S3 $170.63