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via CryptoPotato · By CryptoPotato Editorial

Ethereum Bear Market Bottom Is In: Analyst Eyes $7K Long-Term

ETH

ETH/USDT

$1,877.57

+0.83%

$1,877.57

+0.83%

(24s)

24h Volume

$2,834,028,585.28

24h H/L

$1,878.45 / $1,851.22

Change: $27.23 (1.47%)

Long/Short

66.4%

Long: 66.4%Short: 33.6%

Funding Rate

+0.0002%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,875.64

▲ 0.04%

Volume (24h): -

Resistance Levels

Resistance 3$2,022.44

Resistance 2$1,941.18

Resistance 1$1,879.75

Price$1,875.64

Support 1$1,858.13

Support 2$1,749.34

Support 3$1,702.98

Pivot (PP):$1,867.73

Trend:Sideways

RSI (14):56.1

CryptoPotato Editorial

(09:44 PM UTC)

1 min read

Updated byDavid Kim

1028 views

0 comments

Some traders still see a rally toward $2,000 as a potential bull trap before ETH makes one final move lower.

Pseudonymous crypto trader NoName says Ethereum has just crossed into the price zone where its bear market has historically bottomed, pointing to four straight lower highs as proof the downtrend has run its course.

The…

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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CryptoPotato Editorial · CryptoPotato

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