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via Cointelegraph · By Cointelegraph Staff

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

ETH

ETH/USDT

$1,637.92

-1.25%

$1,637.92

-1.25%

(24s)

24h Volume

$15,728,621,322.00

24h H/L

$1,664.16 / $1,552.95

Change: $111.21 (7.16%)

Long/Short

74.3%

Long: 74.3%Short: 25.7%

Funding Rate

+0.0004%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,627.50

▲ 0.33%

Volume (24h): -

Resistance Levels

Resistance 3$1,872.11

Resistance 2$1,708.82

Resistance 1$1,634.24

Price$1,627.50

Support 1$1,615.03

Support 2$1,552.95

Support 3$1,505.68

Pivot (PP):$1,634.24

Trend:Downtrend

RSI (14):34.6

Cointelegraph Staff

(03:32 PM UTC)

1 min read

Updated byEmily Watson

742 views

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…

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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