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via Cointelegraph · By Cointelegraph Staff

Ethereum Hits 14-Week Low as Traders Defend Critical $1.8K Support

ETH

ETH/USDT

$2,455.00

-2.85%

$2,455.00

-2.85%

(24s)

24h Volume

$9,687,724,875.64

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

+0.0030%

Longs pay

Data provided by COINOTAG DATALive data

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

Cointelegraph Staff

(03:32 PM UTC)

1 min read

Updated byEmily Watson

0 comments

Ether (ETH) dropped to $1,814 on Wednesday, its lowest in over 14 weeks, raising concerns about whether the ETH/USD pair can stabilize above key liquidity zones near its multi-year lows at $1,800.

ETH/USD 1-hour chart. Source: Cointelegraph/TradingView

Key takeaways:

Ether fell to a 14-week low near $1,800, with traders warning a breakdown could trigger deeper losses toward $1,200-$1,600.
The…

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Source

Cointelegraph Staff · Cointelegraph

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