Ethereum (ETH) price takes a steep jump.
The coin comes out the week-long fall.
Ethereum (ETH) price is finally out from the recent drop. The coin is currently dealing at $187 with a market cap of $20,241,404,437. In the last 7 days, Ethereum (ETH) was seen touching a low at $176.50. The price seems to have driven out of the same.
If we look at the current circulation of Ethereum coins, then the counter is presently at 107,745,619 ETH. The intraday traders can expect a flourishing day. They can dig-in Ethereum (ETH) with a high prospect of profit. Let’s have a look at the chart.
ETH/USD Intraday Chart:
ETH Price chart
The data feed is taken from Bitfinex on September 15, 2019, at 02:48:13 UTC for price analysis. Yesterday, the coin opened at $182. The moderate movement lasted in Ethereum (ETH) for quite some time. There was an escalation observed in ETH, which took the price to $186 from $180. The progression marked during the same was of 3.01%. Later, the token escalated once again, and this time the hike was of 2.12%. The price counters changed from $185 to $189. The day closed at the same level with an intraday profit marked was of 4.07%. Today, the currency has again begun with a jump. The price moved from $189 to $191 by 1.04%. However, Ethereum (ETH) is back at $189, but we are positive that it might breach $195 today.
ETH Price Prediction and Conclusion:
The crypto market is indicating that the day would bring huge profit to the traders. The market started with a $26 billion market cap today. If the coin continues with a similar pace, there could be a possibility of breaching $27 billion market cap too. Ethereum (ETH) is a result-oriented currency. The traders who have already invested in the coin understand that it never fails the expectations. ETH is likely to close the year at $300.
The coming years are all about prosperity. Ethereum (ETH) is likely to escalate on the chart by 4% or 5%. We would recommend the investors to opt for long term investment plan. The specified period would give the traders the expected return on their investment.