• Advertise
  • Become a Contributor
  • Privacy Policy
  • Terms and Conditions
  • Editorial Policy
Thursday, March 23, 2023
  • Login
EthereumNews
Advertisement
  • Home
  • About
  • Events
  • Analysis
  • Guide
No Result
View All Result
  • Home
  • About
  • Events
  • Analysis
  • Guide
No Result
View All Result
EthereumNews
No Result
View All Result

Ethereum (ETH) Draws a Sharp Decline of 28% in the Last Three Months

Harry Gleason by Harry Gleason
June 12, 2020
in Ethereum News
0
Ethereum
  • Ethereum lost a whopping 28.06% over the last three months
  • It may have to find shelter at $135.40 as its next support

ETH coin has lost 28.06% value over the last 90 days, and the three major price swings have pushed the price to 138 USD from 191 USD. Ethereum’s last three months’ sluggish price trend is not likely to end soon.

Ethereum Price Analysis

Ethereum price was being traded at 191.90 USD on August 26, and the first variation happened between August 29 and September 19. In these 21 days, ETH gained 56.86 USD and got placed at 221.86 USD, the highest in the three months. It was followed by a 28.33% decline that cost a whopping 62.95 USD, and it pushed the price of Ethereum to 159.25 USD by September 26. The next few days were volatile and full of unprecedented fluctuations. The last variation happened between October 11 & November 24, and in these 44 days, the coin lost 28.60%, and the price went down to 139.99 USD.

Ethereum Price

The market cap of August 26 was 20.307 billion USD. Over these 90 days, it has got down to 15.265 billion USD. There has been immense volatility in the market cap front, as well.

Ethereum’s 200 days MA is at 166.78 USD, and the 50 days MA stands at 148.52 USD. The current price of ETH coin is being traded below both the moving averages. As per the current scenario, the currency may trade around its major support level.

Resistance and Support Levels

R1 – $150.2566, R2 – $157.6833, and R3 – $161.3966

S1 – $139.1166, S2 – $135.4033, and S3 – $127.9766

Previous Post

Ethereum (ETH) Goes below $150, Marks 18% Decline in a Week

Next Post

Will Ethereum (ETH) Break the Downtrend Shortly?

Next Post
Ethereum

Will Ethereum (ETH) Break the Downtrend Shortly?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Categories

  • Cryptocurrency
  • Ethereum News
  • Finance

Follow Us

Recent News

Over 80% of Ethereum Miners Stop Mining After The Merge

Over 80% of Ethereum Miners Stop Mining After The Merge

September 28, 2022
Banxso

Banxso: Secure Investment Platform for All Experience Levels

August 4, 2022
Ethereum Unstoppable as It Takes Over Bitcoin

Ethereum Unstoppable as It Takes Over Bitcoin

August 19, 2021
Ethereum Wallets

Ethereum Wallets: The Most Relevant Wallets for 2020 and Beyond

December 19, 2020

Follow Us

Quick Links

  • Home
  • About
  • Events
  • Analysis
  • Guide

Recent News

Over 80% of Ethereum Miners Stop Mining After The Merge

Over 80% of Ethereum Miners Stop Mining After The Merge

September 28, 2022
Banxso

Banxso: Secure Investment Platform for All Experience Levels

August 4, 2022
  • Advertise
  • Become a Contributor
  • Privacy Policy
  • Terms and Conditions
  • Editorial Policy

Copyright © 2023. Ethereum News.Best. All Rights Reserved.

No Result
View All Result
  • Home
  • About
  • Events
  • Analysis
  • Guide

Copyright © 2023. Ethereum News.Best. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In