Ethereum News

Will Ethereum (ETH) Be Controlled by the Bears Further?

On August 28, 2019, Ethereum was trading at $187.43. Then, on September 19, 2019, the coin recorded an almost 32% hike when it was traded at the highest price of $222.25. September 24, 2019, the coin was a witness to a sharp fall due to which the price reached $158.96. Despite the rise, the ETH price fell again and was valued $158.24. From there, it marked 23.37% growth within 3 days. The present situation indicates bears to maintain dominance over the currency.

Ethereum Price Prediction:

If we compare Ethereum’s price since November 21, 2019, when it was $174.75, today it is showing a negative trend of almost 17%. It can remain with the same trend and get traded around its next support $145.10 in some time.

Strongly recommend to hold the existing coins as per the trend noticed. If we look at the past 3-month’s performance of Ethereum, it has been a mixed one as the coin has not been able to maintain its consistency when it was rising. The overall drop in ETH price for the past 3 months is 14.47%. The currency has the potential to grow and evolve in the long run.

Ethereum (ETH) Price Chart

Benjamin Vargas

Benjamin is a cryptocurrency specialist. He is a leading journalist with an experience of 7 years. He deals with all kinds of cryptocurrency news and leads the Ethereum News projects. He loves to travel and explore new places.

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