In the past 24 hours, the price of Ethereum has decreased by 0.9%. It's price has dropped by 2.4% in the last 7 days. The current price per ETH is $3,077.21 AUD. There is a current circulating supply of 120,192,702 ETH.
The chart above is an Ethereum candlestick chart that shows the price movements of ETH. These price charts give traders the ability to select custom timeframes and view daily pricing candles of their favourite assets.
Candlestick charts are used by all successful traders to perform crypto technical analysis and develop trading strategies. Candlestick charts track the price movements of an asset during a specific trading period, many traders will use candlestick charts to predict patterns within the market.
To learn more, check out our guide to candlestick charts on Swyftx learn.
ETH is the digital currency used on the Ethereum network. The digital currency was launched in 2015 and grew very quickly. It currently sits as the second-largest digital currency by market cap behind Bitcoin. Given its large market cap, Ethereum price (ETH) has shown that it holds its value better than smaller digital assets during periods of market volatility. Despite this, however, Ethereum’s price (ETH) has not been completely resistant to large price fluctuations in recent years (both up and down).
Since its launch, Ethereum (ETH) has evolved – constantly improving aspects of its network to accommodate better scalability, security, and adoption.