Community Articles

via Cointelegraph · By Cointelegraph Staff

ETH Derivatives and Onchain Data Suggest the Path to $2,600 Remains Open

ETH

ETH/USDT

$1,921.55

+2.75%

$1,921.55

+2.75%

(24s)

24h Volume

$4,778,641,597.57

24h H/L

$1,928.08 / $1,869.92

Change: $58.16 (3.11%)

Long/Short

62.1%

Long: 62.1%Short: 37.9%

Funding Rate

+0.0036%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,912.71

▲ 2.02%

Volume (24h): -

Resistance Levels

Resistance 3$2,148.26

Resistance 2$2,063.38

Resistance 1$1,941.18

Price$1,912.71

Support 1$1,897.02

Support 2$1,858.13

Support 3$1,754.69

Pivot (PP):$1,867.73

Trend:Uptrend

RSI (14):60.0

Cointelegraph Staff

(05:14 PM UTC)

1 min read

Updated byDavid Kim

1364 views

0 comments

Key takeaways:

ETH derivatives metrics show professional traders are holding steady and haven't flipped bearish despite recent DeFi exploits.
Ethereum’s 53% Total Value Locked market share and institutional ETF demand continue to provide support near $2,200.

Ether price rally stalls, but ETH futures far from bearish

Ether (ETH) price failed to sustain bullish momentum after peaking near $2,380 on…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Cointelegraph Staff · Cointelegraph

Read original →

Live ETH price →More ETH news →

Comments