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via Cointelegraph · By Cointelegraph Staff

Multiple ETH Data Points Suggest Altcoin Is Good Longterm Buy: Analyst

ETH

ETH/USDT

$1,793.55
+1.60%
24h Volume

$7,063,730,184.76

24h H/L

$1,808.00 / $1,748.79

Change: $59.21 (3.39%)

Long/Short
63.7%
Long: 63.7%Short: 36.3%
Funding Rate

+0.0041%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,792.26

0.37%

Volume (24h): -

Resistance Levels
Resistance 3$1,982.72
Resistance 2$1,869.55
Resistance 1$1,808.36
Price$1,792.26
Support 1$1,786.47
Support 2$1,713.28
Support 3$1,615.03
Pivot (PP):$1,787.30
Trend:Downtrend
RSI (14):58.1
CS
Cointelegraph Staff
(12:29 AM UTC)
1 min read
EW
Approved byEmily Watson
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Ether’s (ETH) long-term investment case is drawing fresh attention as Ethereum continues to lead in key areas of onchain activity and decentralized finance, despite the altcoin losing 28% of its value this year. The network still hosts roughly $43 billion in DeFi liquidity, more than $165 billion in stablecoins, and about 55% of tokenized assets tracked across public blockchains. 

Data from…

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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Cointelegraph Staff · Cointelegraph

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