Ethereum Price Analysis: ETH is Unlikely to Get Back to its Monthly High of $277 Anytime Soon

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• Ethereum (ETH) falls from 277 USD to 210 USD over the last 30 days.
• It may take more time to bounce back to its previous monthly high.

Ethereum’s last 30 days have been full of struggles and downfalls. The coin has been dragged from 277 USD only to be traded around 210 USD in this same period. We will analyze Ethereum’s price movement over the last 30 days. Let us look at the current details of the coin first.

ETH Current Statistics-

ETH to USD Comparison-

On 12^th July, Ethereum was near 277 USD. Suddenly, it started falling and reached 205 USD by 15^th July. This marks the starting of Ethereum’s struggle.  After a few hours of strengthening, the coin again went down and this time it touched the lowest point of the month at 203 USD by 24^th July. However, the coin could get a push of 16.44% and by 06^th August, it was near 236 USD. The latest variation came as a devaluation of the coin by 14.15% and it took the coin to 203 USD. The current value of Ethereum against USD hovers around 210 USD.

ETH Price Prediction-

Ethereum is the second-largest coin of the market so it has strong fundamentals to back its growth story. as Ethereum Prediction evaluated by expert, the coin is likely to touch 410 USD by the end of this year. But there is no sign of exponential growth in the near future. These are the resistance points and support levels of the coin.