Ethereum Records 12% Downtrend in the Last 5 Days

Fibo Quantum

It may have been a slow month for most of the cryptos as far as price movements are considered. In the last 5 days, the price of Ethereum has moved from $193.72 to its current value at $170.37 as of August 30, 2019 at 10:08:23 UTC recording a downtrend of over 12%. ETH coin showed sudden slump on August 28 around noon by slumping from $186.83 to hit as low as $168.53. It has not recovered much since then but may trade up to yesterday’s high value of $174 by the end of this week.

Ethereum has recorded the lowest value at $167.07 in the last 24 hours, and this has become its lowest value in the last 90-days as well.

Ethereum is moving at a good pace this year. ETH coin may start trading above $200 in the upcoming weeks and may cross its 30 days highest of $239. The coin may also gain some good momentum to cross $300 target by the end of the year. It is a good time to start trading ETH coin and save for future benefits.