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via Cointelegraph · By Cointelegraph Staff

ETH Stuck Below $2.4K Despite Wider Crypto Market Recovery

ETH

ETH/USDT

$1,567.52

+2.00%

$1,567.52

+2.00%

(24s)

24h Volume

$17,504,975,167.09

24h H/L

$1,593.07 / $1,512.00

Change: $81.07 (5.36%)

Long/Short

77.1%

Long: 77.1%Short: 22.9%

Funding Rate

-0.0034%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,547.76

▼ -1.28%

Volume (24h): -

Resistance Levels

Resistance 3$1,872.11

Resistance 2$1,660.27

Resistance 1$1,584.45

Price$1,547.76

Support 1$1,534.62

Support 2$1,474.25

Support 3$1,244.77

Pivot (PP):$1,548.75

Trend:Downtrend

RSI (14):29.4

Cointelegraph Staff

(12:03 AM UTC)

1 min read

Verified bySarah Chen

1036 views

0 comments

Key takeaways:

A sharp fifty percent drop in exchange activity and decentralized application revenue is stalling Ether price growth.
Institutional investor interest in Ether remains under pressure as major holders like Bitmine face billions in unrealized losses.

Ether (ETH) has failed to sustain levels above $2,400 for the past three months, consistently lagging behind most of its peers.…

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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