Ethereum Price Prediction for 2019

Ethereum Price Prediction for 2019

Ethereum ETH without a doubt is one of the favorite Cryptocurrency in the network. However, with ETH becoming stagnant in the bearish zone might be raising some concerns for the Ethereum followers. Let’s hope that traders can see some changes in the Ethereum price in the upcoming days. "Ethereum Price Prediction for 2019"

Ethereum Price Prediction for 2019

Current Statistics of Ethereum:

Ethereum price is trading at $207.82 at 04:24 UTC on 14th August 2019. The other essentials are as below:
  • Return on Investment: 7248.73%
  • Total supply/Circulating Supply: 107,312,238 ETH/ 107,312,238 ETH
  • 24 Hour Volume: 6,010,426,932 USD
  • Market Cap: 22,330,408,039 USD
  • 7 Day high/low: 229.66 USD / 203.79 USD

ETH to USD Price Comparison:

Yesterday, the highest price was seen trading at $211.22 at 01:05 UTC. The price was then dropped by 1.48% at 09:24 UTC trading at $208.08. ETH price was escalated by 1.57% at 11:08 UTC on the same day with the trading value of $211.31.

Then, the price of  ETH dropped again by 3.30% at 15:28 UTC with the trading value of $204.34. The price surged upwards after that by 2.61% at 23:30 UTC value trading at $209.66. The price then dropped again by 1.70% at 01:43 UTC trading at $206.09 which is now moving upwards as of now.

Ethereum ETH faces an immediate challenge at $208, where a minefield of technical lines awaits it. This includes the Simple Moving Average SMA 5-15m, the previous 4h-low, the SMA 5-4h, the SMA 10-15m, the BB 1h-Middle, the SMA 50-15m, the SMA 10-1h, the SMA 100-15m, and more.

If ETH/USD pair breaks higher, the next cap awaits it at 217 which is the convergence fo the SMA 50-4h, the BB 4h-Upper, the PP 1d-R2, the SMA 200-1h, and the Fibonacci 161.8% one-day.

A third hurdle is close by – $221 – where the PP 1d-R3, the Fibonacci 23.6% one-month, and the Fibonacci 38.2% one-week converge.

Looking downwards, noteworthy support level awaits only at $191 – last month's low. 

All in all, Vitalik Buterin's brainchild is in a perilous technical state

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