Ethereum News

Ethereum (ETH) Reflects Stability Despite Current Market Volatility

Ethereum price movement has been rotating around $182 for the last three months. In last 90 days, the coin touched a high at $222 and a low at $157. With such tremendous digits on the chart, it would become very hard for a cryptocurrency to maintain the momentum, but Ethereum achieved the same.

Ethereum Price Prediction

ETH coin started dealing with $173.145 on September 01, 2019. The price escalated to $221.61 by 28.56% hike. Ethereum price couldn’t hold for a long period and fell to $162.44 by 26.70%. The coin to $183.62 and closed the day. The entire month reflected an escalation of 6.06%. In October, the ETH coin opened with a fall of 7.96%. The price counters moved from $183.62 to $168.72 by 7.96%.

Later, the price surged to $192.09 by 13.85%. Then, a tremendous fall brought the price of Ethereum to $153. The regression marked was 20.21%. There was another escalation that took the coin to $198 by 29.80%. The last few days of the month brought the ETH coin price to $183.05 again. The movement marked during the month reflected 0.24% progression. The ongoing month began with a slight escalation of 5.92%. The counters moved from $183.05 to $193.88. Later, the price slipped and touched $182.31.

Ethereum Price

Ethereum is currently dealing at $182.31. According to the resistance and support levels given below, the coin has crossed the immediate support level and trading at the next support level. The market pressure can take the ETH coin to a major support level.

Resistance Level Price
R1 $188.09
R2 $190.18
R3 $191.73
Support Level Price
S1 $184.45
S2 $182.9
S3 $180.81

However, Ethereum still holds the possibility of a price surge in the coming days. The traders interested in the coin are recommended to dig-in for long-term period. The same would give the desired result to the traders.

Pauline Dorsey

Pauline Dorsey is a finance graduate. He is also a cryptocurrency analyst. He works on cryptocurrency news and also guides people who invest or deal with cryptocurrencies. He has keen interest in reading historical books and learns new things.

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