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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

$2,457.51
-2.35%
24h Volume

$9,758,015,555.63

24h H/L

$2,532.21 / $2,431.61

Change: $100.60 (4.14%)

Long/Short
60.1%
Long: 60.1%Short: 39.9%
Funding Rate

+0.0029%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,458.24

0.10%

Volume (24h): -

Resistance Levels
Resistance 3$2,855.08
Resistance 2$2,593.80
Resistance 1$2,516.30
Price$2,458.24
Support 1$2,445.59
Support 2$2,316.57
Support 3$2,190.00
Pivot (PP):$2,478.04
Trend:Uptrend
RSI (14):62.8
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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