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Ethereum Up 0.64% – Can ETH Hold Gains?

byMaxwell Mutuma
August 26, 2019
in Ethereum News

The ETH coin was valued at $191.23 yesterday, and the movement of the coin was more or less at the same pace. At 2:20 UTC, there was as a sharp fall in the price of Ethereum, and it reached as low as $184.96 as per intraday figures. Considering the massive potential of the ETH coin, it did manage to rise as high as $192.16 at about 12:15 UTC before it finally got closed at $186.84. Despite the fall, Ethereum has managed to bounce back well yesterday.

Ethereum Price Chart

Ethereum Price Chart

Ethereum Price Analysis & Forecast:

If we analyze Ethereum price since the time it reached $192.16 yesterday and the current price, the coin indicates a bearish run by 0.43%, which can be considered as negligible.

From the current ETH News, We anticipate that the price of ETH coin may fall marginally for tomorrow as well and it may find support at $190.

As per the Ethereum Forecast and the current trend, you should trade cautiously within its resistance and support levels. If you can trade from a long-term perspective in the coin, it will offer you high returns.

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Maxwell Mutuma

Maxwell Mutuma

Maxwell especially enjoys penning pieces about blockchain and cryptocurrency. He started his venture into blogging in 2020, later focusing on the world of cryptocurrencies. His life's work is to introduce the concept of decentralization to people worldwide.

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