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Price Analysis: Ethereum (ETH) Price Rises More Than 4% In 24 Hours

Price Analysis: Ethereum (ETH) Price Rises More Than 4% In 24 Hours

Over the past 24 hours, Ethereum (ETH) price rose 4.43% to $2,619.30. 

ETH Price Chart | Source: Coinstats

 

This continues its positive trend over the past week where Ethereum (ETH) has experienced a 13.0% gain, moving from $2,297.07 to its current price. 

As it stands right now, the coin’s all-time high is $4,878.26.

See Also: Price Analysis: Cardano (ADA) Price Rises More Than 3% In 24 Hours

The chart below compares the price movement and volatility for Ethereum over the past 24 hours (left) to its price movement over the past week (right). 

ETH Price and Volatility Chart

 

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. 

The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

Ethereum’s trading volume has climbed 32.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 0.13%. 

ETH Circulating Supply and Trading Volume

 

This brings the circulating supply to 120.17 million. 

According to our data, the current market cap ranking for Ethereum (ETH) is #2 at $314.52 billion.

Disclaimer: The information provided is not trading nor financial advice. Bitcoinworld.co.in holds no liability for any trading or investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any trading or investment decisions.

 

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Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.