BREAKING
343d 1h ago

ETH Breaks Above $1900: A Bullish Trend and the Path to $2900

ETH

ETH/USDT

$2,284.39
+0.84%
24h Volume

$6,988,142,791.88

24h H/L

$2,295.00 / $2,245.82

Change: $49.18 (2.19%)

Long/Short
59.3%
Long: 59.3%Short: 40.7%
Funding Rate

+0.0015%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,287.32

1.32%

Volume (24h): -

Resistance Levels
Resistance 3$2,549.95
Resistance 2$2,396.79
Resistance 1$2,316.61
Price$2,287.32
Support 1$2,243.86
Support 2$2,190.20
Support 3$2,025.57
Pivot (PP):$2,279.84
Trend:Sideways
RSI (14):51.5

Recent data from Glassnode highlights significant movements in Ethereum (ETH) as its price surpassed the Realized Price of $1900 in May, indicating that a substantial number of holders are now profitable. As of now, ETH has ascended to a True Market Mean of $2400, demonstrating a bullish trend. However, for the market to gain additional traction, it is essential for ETH to achieve a decisive breakthrough above the Active Realized Price of $2900. This pivotal level will be critical in establishing sustained confidence among investors and could pave the way for further upward momentum in the cryptocurrency space.

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