@Asadkhan1022 6 September 2020

Ethereum trading current Analysis

Current mostly coins in the market are in the red zone. Ethereum is currently trading at $319 and is down currently 17 percent down since 24hr. Currently, the position is that if ETH doesn't $340 then the coin might go down more. Trades are predicting that coin may go down below $300. There's a probability for it to reach $280-290 in no time. Another problem with Eth is the Network fee which was seen going a lot of up and down and was seen going above 12 dollars which is huge for some low-value tokens and is hard for them to do any transactions. That can be also the factor that has added more pressure on ETH coins and the reason that value is going down more than BTC which is 4% down for 24 hours.