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via Cointelegraph · By Cointelegraph Staff

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

ETH

ETH/USDT

$2,689.82

+0.49%

$2,689.82

+0.49%

(24s)

24h Volume

$10,796,405,299.08

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

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

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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