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5 y

Ethereum [ETH] fails to stay above $300: Technical Analysis and Price Prediction

Ethereum [ETH] has not been able to battle the bearish trends seen in the crypto market. Though the trigger in unclear, Ethereum [ETH] is seeing major selling and may not be able to recover quickly. The coin had slipped below the $300 level a few days earlier, but had since recovered. In the last one week, the crypto had lost close to 11 percent in value.

ETH/USD

The coin failed to stay above the crucial $300 mark and is currently being assailed by intense selling pressure. The digital asset breached a major support level, traced at $306, and is exhibiting a slump. The virtual currency has already dropped to as low as $285. See also: Ripple’s XRP ‘isn’t a competitor’ since it ‘isn’t really a Blockchain technology’: Ethereum co-founder The 100 EMA line, at the time of writing, showed that the coin had maintained an uptrend early on in the day, but has since declined to exhibit a downtrend. The MACD indicates that the crypto is slowly inching towards the bearish zone. ETH is exhibiting a significant trading range of $282-$321.1. As of 1800 GMT, the digital asset slid 5.1 percent against the U.S. dollar to trade at $287.7.

ETH/BTC

At the time of writing, the coin had edged 2.8 percent lower against. BTC. Currently, one ETH is equivalent to 0.045 BTC.

Ethereum Price Prediction 2018,2020

  • According to Smartereum, many expect the digital asset to hit a lofty $2,500 by the end of this year. The coin’s price could reach as high as $31,000 in 2020.
  • Coinkir has predicted that the crypto will begin 2020 at around $720 and continue rising, reaching as high as $1,488 by the end of the year.
  • According to Longforecast, ETH could reach as high as $724 by the year 2020. Experts believe the coin’s price could range within $474-$672 over the next few months.

Ethereum Latest Updates

Minds recently said that it was shifting its platform to the Ethereum blockchain, dropping its existing one. The blockchain-based social network said that it was leaving its Rinkeby test network to migrate to the new blockchain. Image via Shutterstock Join our Telegram group
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Meme Coin Launches Advertising Blitz Get the latest crypto and stock market news. Stay up-to-date with the latest trends and developments.
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Major Japanese Exchange Adds Support for Shiba Inu (SHIB) Coincheck has announced the addition of Shiba Inu (SHIB) to its trading services
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Bu Altcoin Aralık Ayında Resmen Parladı: %138’lik Ralli Devam Edecek Mi? Kripto para sektöründe yeni gelişmelere açık bir sektördür. Son gelişmelerden biri olarak, Ethereum'un rakibi Avalanche (AVAX) piyasa değerinde muazzam
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U.S. CFTC Approves Bitcoin Futures Platform Bitnomial's Derivatives Clearing Application The commissioners discussed issues like conflict of interest before ultimately voting in favor of the margined bitcoin futures company.
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U.S. CFTC Approves Bitcoin Futures Platform Bitnomial's Derivatives Clearing Application The commissioners discussed issues like conflict of interest before ultimately voting in favor of the margined bitcoin futures company.
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FTX Receives Authorization to Sell Billions Worth of BTC, ETH, and Sol FTX's legal team filed a request with the U.S. Bankruptcy Court for the District of Delaware, seeking approval to trade their cryptocurrency assets to repay creditors.
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Coins

#
FAV
NAME
PRICE
Portfolio
1H
24H
7D
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1
Bitcoin
Bitcoin
BTC
$ 70 676.59
$ - - - - -
( - - - - - )
Set your amount
OK
-0.26%
+2.31%
+7.00%
2
Ethereum
Ethereum
ETH
$ 3 549.65
$ - - - - -
( - - - - - )
Set your amount
OK
-0.52%
+0.76%
+2.01%
3
Tether USDt
Tether USDt
USDT
$ 0.999970
$ - - - - -
( - - - - - )
Set your amount
OK
-0.01%
+0.03%
0.00%
4
BNB
BNB
BNB
$ 581.56
$ - - - - -
( - - - - - )
Set your amount
OK
-0.38%
+1.53%
+4.74%
5
Solana
SOL
$ 185.11
$ - - - - -
( - - - - - )
Set your amount
OK
-0.68%
+0.65%
+2.32%
6
XRP
XRP
XRP
$ 0.630307
$ - - - - -
( - - - - - )
Set your amount
OK
+1.51%
+2.13%
-1.33%
7
USDC
USDC
USDC
$ 1
$ - - - - -
( - - - - - )
Set your amount
OK
-0.01%
-0.01%
0.00%
8
Dogecoin
Dogecoin
DOGE
$ 0.219394
$ - - - - -
( - - - - - )
Set your amount
OK
+0.20%
+18.54%
+43.62%
9
Cardano
Cardano
ADA
$ 0.651405
$ - - - - -
( - - - - - )
Set your amount
OK
-0.36%
+1.71%
+3.01%
10
Avalanche
AVAX
$ 54.32
$ - - - - -
( - - - - - )
Set your amount
OK
-0.58%
+0.70%
+0.69%
11
Shiba Inu
SHIB
$ 0
$ - - - - -
( - - - - - )
Set your amount
OK
-1.36%
+3.99%
+14.65%
12
Toncoin
TON
$ 4.96
$ - - - - -
( - - - - - )
Set your amount
OK
-1.45%
-0.90%
+21.79%
13
Polkadot
DOT
$ 9.47
$ - - - - -
( - - - - - )
Set your amount
OK
-0.37%
-0.15%
+2.24%
15
Bitcoin Cash
Bitcoin Cash
BCH
$ 571.27
$ - - - - -
( - - - - - )
Set your amount
OK
-1.75%
+5.88%
+36.63%
16
TRON
TRON
TRX
$ 0.120097
$ - - - - -
( - - - - - )
Set your amount
OK
-0.34%
+0.46%
-0.86%
17
Polygon
Polygon
MATIC
$ 1
$ - - - - -
( - - - - - )
Set your amount
OK
-0.42%
-2.91%
+1.06%
18
Internet Computer
ICP
$ 17.71
$ - - - - -
( - - - - - )
Set your amount
OK
+0.11%
-14.43%
+44.59%
19
NEAR Protocol
NEAR
$ 7.20
$ - - - - -
( - - - - - )
Set your amount
OK
-0.84%
-0.74%
+7.96%
20
Uniswap
UNI
$ 12.36
$ - - - - -
( - - - - - )
Set your amount
OK
-0.51%
-1.30%
+3.35%
21
Litecoin
Litecoin
LTC
$ 95.56
$ - - - - -
( - - - - - )
Set your amount
OK
+0.48%
+0.79%
+11.46%