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via Cointelegraph · By Cointelegraph Staff

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

ETH

ETH/USDT

$1,719.43
+2.23%
24h Volume

$7,591,698,832.68

24h H/L

$1,733.04 / $1,654.90

Change: $78.14 (4.72%)

Long/Short
69.9%
Long: 69.9%Short: 30.1%
Funding Rate

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,719.27

-0.37%

Volume (24h): -

Resistance Levels
Resistance 3$1,965.04
Resistance 2$1,829.21
Resistance 1$1,732.00
Price$1,719.27
Support 1$1,709.61
Support 2$1,615.03
Support 3$1,505.68
Pivot (PP):$1,720.66
Trend:Downtrend
RSI (14):37.4
CS
Cointelegraph Staff
(12:29 AM UTC)
1 min read
EW
Approved byEmily Watson
612 views
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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…

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Cointelegraph Staff · Cointelegraph

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