RATE Group | Ethereum (ETH) working on a lot of small updates while we wait for the big ones to be an…
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Ethereum (ETH) working on a lot of small updates while we wait for the big ones to be an…

29 Jul Ethereum (ETH) working on a lot of small updates while we wait for the big ones to be an…

Posted at 18:22h in Ethereum News by

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The most famous altcoin in the world hasn’t been faring especially impressively during the last month or so, similarly to the rest of the market. Its USD value was somewhat more stable than its other key valuation, fluctuating from the lows of $409 USD to the highs of $511 USD (where it stood on July 18th). Currently the coin is valued at $464.94 USD, recording a drop of 0.29% in the last 24 hours. The BTC value was a different story, as it at one point fell from 0,0738 BTC to 0,0713 BTC (the price on July 17th). The coin since entered somewhat of a tailspin in its BTC valuation as its price is currently sitting at 0.05701180 BTC, which is a 1.78% drop in the last 24 hours. With a market cap of $47,443,382,974 USD, Ethereum remains the 2nd most valuable cryptocurrency in the world.

Traders currently see Ethereum catching support at the levels of $460, and a bullish breakout could see it drive up to values of $530-$620 (judging by the moving averages). Going below $460 will lead…

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