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Ethereum Price Daily Analysis: Steady Performance, with an Average Price of 1589.7200, on September 11, 2023

Ethereum, the second-ranked cryptocurrency in the Top 50 Crypto list, continues to demonstrate steady performance in the volatile crypto market this week.

As of our latest report, the current price of Ethereum stands at 1589.7200. The 24-hour trading volume is 9062204501.0000, reflecting the active participation of Ethereum traders throughout the day.

In the past 24 hours, Ethereum has had a high of 1627.83 and a low of 1585.56, showcasing relatively little variation. This shows a degree of stability in Ethereum’s performance.

The total value of all Ethereum in circulation or its market capitalization stands at a formidable 191185484420.0000, justifying its rank 2 among all cryptocurrencies.

Turning our gaze to a wider timeline, Ethereum has seen a decrease of -2.6364% within the last 726 hours, suggesting some cautiousness among investors may be warranted. The overall price trend has been recorded as -14.07412%.

However, it’s important to note that Ethereum has demonstrated exceptional growth since its inception with an all-time high of 4878.26 compared to its all-time low of 0.432979.

Ethereum’s circulating supply is recorded as 120221789.881403, while the max supply remains N/A.

Current market sentiment toward Ethereum appears moderately optimistic at 58.7%, undoubtedly influenced by its recent resilience. In comparison to Bitcoin’s current price of $25,662.00, Ethereum is holding its ground, demonstrating its independence from the market leader’s volatile moves.

## 24 Hour Ethereum Price Prediction
Given the steadiness and slight dip in today’s performance, we could expect minimal fluctuations for Ethereum over the next 24 hours. However, we advise traders to stay alert for any unexpected price swings.

## 7 Day Ethereum Price Prediction
Despite the past week’s decrease, should Ethereum’s current level of performance continue, we could see recovery and growth over the next seven days. Nonetheless, traders should keep in mind that in the fast-paced crypto world, anything can happen, hence it’s vital to keep track of Ethereum’s movement.

Invest wisely and stay tuned for more Ethereum updates and daily market analysis.

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