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via Cointelegraph · By Cointelegraph Staff

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

ETH

ETH/USDT

$1,582.43

+0.96%

$1,582.43

+0.96%

(24s)

24h Volume

$9,450,372,445.19

24h H/L

$1,594.70 / $1,521.54

Change: $73.16 (4.81%)

Long/Short

73.8%

Long: 73.8%Short: 26.2%

Funding Rate

-0.0012%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,583.60

▲ 0.31%

Volume (24h): -

Resistance Levels

Resistance 3$1,825.41

Resistance 2$1,682.26

Resistance 1$1,595.55

Price$1,583.60

Support 1$1,580.95

Support 2$1,503.87

Support 3$1,244.77

Pivot (PP):$1,580.77

Trend:Downtrend

RSI (14):32.7

Cointelegraph Staff

(10:18 PM UTC)

1 min read

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.

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Source

Cointelegraph Staff · Cointelegraph

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