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Ethereums movements in Q1

Ethereumsperformanceduring the first three months of the year wasrelatively boring.

Its tradingpricewas stable, and itspriceswings were largely more conservative.

Shorting Ethereum before Q4 2019 would’ve been a good idea — here’s why

On January 9,Ethereumsuffered a month-longdownwardtrend, dropping to $102 on February 7.

The cryptocurrency then rallied in February, getting close to its January high, reaching a tradingpriceof $155.

This was followed by another correction that saw itspricedrop by 20 percent, hitting $124 on March 3.

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It hovered around thispricefor the rest of the month, closing thequarterat $140.

Ethereums Q2 performance

Ethereum hada solid second quarter.

Luckily, though, ETHsperformancein the longer-term wasnt affected.

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In May,Ethereumshowed nothing but steadygrowth, increasing by a staggering 95-percent, surpassing $271 apiece.

It opened the quarter hovering around $285, where it stayed during the first week of the quarter.

It even saw a 7.7-percent rise on July 8, with itsvaluerising to $307 per token.

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Ethereumspricevalueweakened during the third week of July atrendseen across several othercryptocurrencies.

ETH continued to drop invaluethroughoutAugust.

It then went intofreefall for the rest of the month.

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At the end ofAugust, for example,Ethereumwastradingat $166.

Despite a slow and steadypriceincrease over the first two weeks of September, the coin failed to recover fully.

It opened Septembertradingjust over $168.

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Over the next two and a half weeks, itspricegrew eventually hitting $217.

Ethereumspricefell on September 20, settling at $162 several days later.

Ethereums Q4 performance

Ethereumsperformancein October was underwhelming, especially compared to the previous month.

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By Halloween, the cryptocurrency was hovering well below $180, sitting comfortably at $179.

Generally speaking, itsperformancein November was much more volatile.

It then fell for three consecutive days leveling at $173 on November 20.

Ethereumplummeted to $142 on November 24, recovering somewhat and hitting $150 on November 30.

Thecryptocurrencyhit rock bottom on December 17, plummeting to $120 the lowestvalueseen in Q4.

Ethereumsperformancewas underwhelming during the rest of the month, as it failed to reach $140.

In early December, US authoritiesarrested Ethereum developerVirgil Griffith for consulting withNorth Koreaon how to usecryptocurrencyto evadesanctions.

On December 18,UKcryptocurrencyexchange Coinfloor said it woulddelist EthereumandBitcoin Cash.

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