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- Ethereum declines in last 4 hours and heading downwards
- Ethereum to close the day again at $265
Ethereum has been testing the patience of investors since quite some time now and not giving any respite by trading above $280. The coin is caught in a never ending loop of moving within $275 since last few days and continue moving downwards now. The current market performance is the same as yesterday, and the day before, and the traders eagerly wait for a refreshing surge.
Ethereum Price Statistics:
As on June 19, 2019, at 11:30:03 UTC, the price of ETH coin is noted to be $266.51, and the coin has shown a decline of over 1.23% in the last 4 hours falling from $269.85 to its current value. However, the coin has shown an upward surge overall from its opening value of the day at around $263 but headed downwards again.
| Statistics | 08:10:34 UTC | 11:30:03 UTC |
| Price (USD) | 269.22 | 266.51 |
| Price (BTC) | 0.02934024 | 0.02923655 |
| Market Capitalization | 28,611,495,125 | 28,352,723,213 |
| 24h volume | 5,841,345,399 | 6,179,775,431 |
| Circulating Supply | 106,551,111 ETH | 106,552,045 ETH |
| Return on Investment | >9000% | >9000% |
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In the last 4 hours, the price of the coin has declined, followed by market cap, but the 24 h volume and circulating supply of ETH has increased considerably. The ROI continues to be >9000%.
Ethereum Price Prediction:
As per ETH Forecast, we can observe that initially ETH is moving downwards and, it may close the day at or below $265, but tomorrow will be a new day, and ETH may revive back again to trade above $270 throughout the day without any sudden ups or lows.. The week may end on a higher note.
Conclusion:
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Ethereum has been moving steadily and hence usually closes the day on a lower note given its last two day’s performance. Hence, holding on to it until the end of the week is a good option for the intraday traders.
