Ethereum is the second largest cryptocurrency in the world after market cap .
It was founded because its co-founders had the need to build a platform that allowed to write decentralized applications and the Ethereum blockchain to use as a world computer.
Ethereum has been credited with making smart contracts a key element of blockchain conversation and showing the world how blockchain technology goes well beyond the applications of only cryptocurrency can also be used.
[Read: Ethereum had a less than stellar Q3, intense 6 months ahead as ETH 2.0 looms — here’s what happened]
Before we look at the performance of Ethereum in the fourth quarter of 2019, let's remember what happened in the first nine months of last year.
Ethereum's Movements in the First Quarter
Ethereum's p The performance was relatively boring in the first three months of the year.
The retail price was stable and the price fluctuations were largely conservative.
ETH opened in 2019 for $ 137 and, after a long rally, reached $ 156 on January 7, the highest value observed from January to March.
On January 9th Ethereum suffered a months-long downward trend which dropped to $ 102 on February 7th.
The cryptocurrency then recovered in February, almost reaching its January high trade price of $ 155. This was followed by another correction, in which the price fell 20 percent to hit $ 124 on March 3. For the rest of the month he moved around this price and closed the price. Quarter at $ 140.
Ethereum performance in the second quarter
Ethereum ETH had a solid second quarter.
In early April Ethereum recorded a rally that led to 27 percent price increased from $ 139 to $ 177. Unfortunately, this increase in value was short-lived – at the end of the month a market correction attracted the trading price of the cryptocurrency . decreased to $ 150.
Fortunately, the performance of ETH remained unaffected in the long term. In May Ethereum recorded only steady growth which increased by an astonishing 95 percent and exceeded Ethereum's performance in 2019.
The cryptocurrency continued to grow in June, but not as quickly as in the previous two months. However, at the end of June, the cryptocurrency was where it was at the beginning of the month, reaching its quarterly high in June ($ 335).
Recapitulating Ethereum's Q3
Although ETH saw significant growth in the second quarter, unfortunately, this cannot be said for its performance in the third quarter.
It opened the quarter, which was $ 285 and remained in the first week of the quarter. On July 8, there was even an increase of 7.7 percent, with the value rising to USD 307 per token.
The price of Ethereum weakened in the third week of July – a trend that also affects other cryptocurrencies .
In mid-July, the digital currency traded [$ at $ 202, a 34 percent drop from the high in the first seven days of the month.
The value of ETH fell further in August . At the beginning of the month, however, there was a small increase in value which led to a price increase for for Ethereum from $ 211 to around $ 231.
] It then went into the free autumn for the rest of the month. For example, in late August Ethereum was trading at $ 166 .
Despite a slow and steady price increase compared to the coin did not fully recover in the first two weeks of September. It opened September Trade a little over $ 168. Over the next two and a half weeks, his price rose to $ 217.
Ethereum s Price fell on September 20 and settled at $ 162 a few days later.
Ethereum's performance in the fourth quarter
Ethereum's performance in October was below average, especially compared to the previous month.
It stabilized around the $ 175 level and rose to $ 190 in October. The following day, Ethereum fell to $ 159.
At Halloween, the cryptocurrency was well below $ 180 and was comfortably at $ 179.
The performance of in November was much more volatile.
The month started slightly higher at $ 182 and remained between $ 177 and $ 183 through November 17.  It's that On November 20, n fell to $ 173 for three consecutive days.
Ethereum fell to $ 142 on November 24, recovered somewhat, and hit $ 150 on November 30.
On December 1, Ethereum was valued at $ 149 and ranged between $ 150 and $ 140 in the first few weeks.
The cryptocurrency bottomed on December 17 and dropped to $ 120 – the lowest value recorded in the fourth quarter
. Ethereum's performance was unsatisfactory over the course of the month, not reaching $ 140.
Ethereum: Q4 2018 vs. Q4 2019
Ethereum got off to a strong start in the fourth quarter of 2018, opening October at $ 225 and remaining above $ 175 for the rest of the month.  The largest decrease was in mid-November 2018, when Ethereum fell from $ 173 in November to between $ 11 and $ 115 on November 18.
The performance of ETH in December 2018 was really miserable. The cryptocurrency even dropped below $ 100 and stayed there for a significant amount of time – a stark contrast to December 2019, when Ethereum was trading primarily for $ 120 and above.
Major fourth quarter events
in early October, IKEA Iceland used Ethereum to pay an invoice with a local retailer, paying in blockchainified digital cash  was accepted.
The following month South Korean Cryptocurrency Exchange rate Upbit made headlines after alleging that hackers searched its Ethereum "hot" wallet and 342,000 ETH stolen cryptocurrency stash worth $ 48.7 million at that time.
At the beginning of December, the US authorities arrested Ethereum developer Virgil Griffith for discussing with North Korea the use of cryptocurrency to circumvent sanctions [19659050beratenhatte].
On December 18 in the UK cryptographic currency Exchange Coinfloor announced that it was delisting Ethereum and Bitcoin Cash .
Also in December. Vitalik Buterin Co-founder of the cryptocurrency said the Ethereum Foundation had earned approximately $ 100 million after selling Ether during the cryptocurrency . Time-high, trading close to the $ 1,400 mark.
It is impossible to predict the future price movements of the cryptocurrency, but if its performance has not been achieved so far this year, that is all, we may see more upwards  tr ends .
ETH rang around $ 130 in the new year and mostly moved up, trading at $ 166 per pixel.
These values are definitely higher than those in January 2019 If only marginally, maybe you are not yet hoping.
Published January 22, 2020 – 11:33 UTC