Will ETH Gear Up for its Winning Momentum?

Ethereum (ETH) News
  • Ethereum price has performed on a consistent basis as seen from the price trend of the past 30 days

Ethereum (ETH) price has had a slow start to the year but the coin picked up well from there. Even the past one-month price trend for the coin has seen ETH moving continually in the upward direction though the bears made the coin to taper near the end of the month. The price of ETH has been oscillating between $185–$285 for the time period.

Ethereum Price Comparison

ETH price steered well in the upward range for most part of the 30-day price trend raising the hopes of the investor community.

The month stared on a low note for the coin with the price of ETH being below the baseline price on Feb 04 at $184.92. The price of ETH spiraled upwards from here on and reached a high of $285.02, showing an upward momentum of a huge 53.99%. There was a momentary bear momentum on Feb 17 when the price slid to $247.68, the downward movement was at 13.10%.

ETH coin continued to perform in the upward direction raising the price once again to $283.70 on Feb 19, the rise being at 14.86%. The bears got stronger during the period and pushed the price of ETH downward to $216.17 showing a massive downward variation of 24.08%. Still, ETH price continued to push for an upward momentum and reached a high of $231 on Mar 02, the rise was to the extent of 6.86%. There has been a bearish momentum today with the price moving slightly downwards to $229.18.

Ethereum (ETH) Price News

Investors should continue to hold on to their investments from a long-term perspective and look at the potential returns of the coin.

Wilbur Harris

Wilbur Harris is an journalist. Wilbur belief that Cryptcurrencies technology will be the driving force of the next technological wave and it is the obligation of journalists and writers to write about the news related to currencies.

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