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Ethereum Price Rise by 0.64%; Can ETH Maintain Its Performance Level?

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 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.

Aarav Ghosh: Aarav Ghosh is a sub editor and contributor to NameCoinNews who specializes in covering latest stories and headlines of cryptocurrencies and blockchain. Additionally, he also covers latest news related to FinTech industry. He is a firm believer of next big transformation of world economy in terms of digitalization.