Ethereum (ETH) Weekly Growth Gets Hampered by Recent Price Crash
Ethereum price movement has been marking an improvement from the beginning of the month. The same was quite a relief for the traders who are planning for a long-term investment. However, the current price drop has changed the dynamics, but we are still hopeful that the coin might improve.
Yesterday, ETH price was spotted dealing at a high of $189.33 and a low at $185.94. During the entire week, Ethereum is spotted recovering. Let’s have a look at the ETH chart:
Ethereum Price Prediction
On November 08, the ETH price started dealing at $186.45. The coin slipped to $183.72 by the end of the day by 1.46%. On November 09, the price shifted to $184.93 by 0.66%. Ethereum price jumped to $189.64 by 2.64% on November 10. On the next day, the currency shifted to $185 by 2.14%. On November 12, the price escalated to $186.81 by 1.01%. On the next day, the escalation continued and took the ETH price to $189.22 by 1.29%. Today, Ethereum is falling since the opening hour. The counter slipped to $184.89 by 2.29%.
Ethereum is currently dealing at $185. The price has breached the immediate resistance level at $186.36. There is a strong possibility for ETH to drop below the major support level at $182.
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Ethereum holds a high possibility of improvement. The currency is recommended for long-term traders. The specified period is anticipated to give a colossal profit.