Community Articles

via Cointelegraph · By Cointelegraph Staff

ETH Hits 13 Month Low As BTC, Altcoins Crumble: Is $1.4K Next?

ETH

ETH/USDT

$1,879.67
+1.04%
24h Volume

$2,805,303,020.50

24h H/L

$1,881.90 / $1,851.22

Change: $30.68 (1.66%)

Long/Short
66.2%
Long: 66.2%Short: 33.8%
Funding Rate

+0.0018%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,879.77

0.26%

Volume (24h): -

Resistance Levels
Resistance 3$2,063.38
Resistance 2$1,941.18
Resistance 1$1,884.23
Price$1,879.77
Support 1$1,858.13
Support 2$1,819.25
Support 3$1,749.42
Pivot (PP):$1,867.73
Trend:Sideways
RSI (14):56.6
CS
Cointelegraph Staff
(10:18 PM UTC)
1 min read
JM
Reviewed byJames Mitchell
1372 views
0 comments

Key takeaways:

  • Ether derivatives metrics flip to a heavily bearish bias as cascading liquidations cut off a relief bounce. 
  • A critical ZCash bug discovered by AI triggers widespread fears of contagion, driving a contraction in Ethereum TVL.

Ether (ETH) plummeted to a 13-month low of $1,540 on Friday, following the bearish trend across the broader cryptocurrency market. Traders now fear a deeper…

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 →

Comments
Comments