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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

$2,689.86
+0.69%
24h Volume

$10,847,642,024.05

24h H/L

$2,743.00 / $2,668.84

Change: $74.16 (2.78%)

Long/Short
60.3%
Long: 60.3%Short: 39.7%
Funding Rate

+0.0013%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,690.81

▼ -0.03%

Volume (24h): -

Resistance Levels
Resistance 3$3,143.74
Resistance 2$2,778.89
Resistance 1$2,700.65
Price$2,690.81
Support 1$2,681.00
Support 2$2,314.75
Support 3$2,159.67
Pivot (PP):$2,700.65
Trend:Uptrend
RSI (14):63.5
CS
Cointelegraph Staff
(10:18 PM UTC)
1 min read
JM
Reviewed byJames Mitchell

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…

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Source

Cointelegraph Staff · Cointelegraph

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