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via Cointelegraph · By Cointelegraph Staff

Standard Chartered: Ethereum Metrics Strong, Price Lags

ETH

ETH/USDT

$2,479.98

+1.15%

$2,479.98

+1.15%

(24s)

24h Volume

$4,505,155,370.61

24h H/L

$2,493.57 / $2,444.47

Change: $49.10 (2.01%)

Long/Short

59.8%

Long: 59.8%Short: 40.2%

Funding Rate

+0.0022%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,484.40

▲ 1.16%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,639.52

Resistance 1$2,516.30

Price$2,484.40

Support 1$2,448.56

Support 2$2,316.57

Support 3$2,190.00

Pivot (PP):$2,478.04

Trend:Uptrend

RSI (14):64.2

Cointelegraph Staff

(02:26 PM UTC)

1 min read

Reviewed byEmily Watson

0 comments

Standard Chartered says Ethereum’s network activity remains close to record levels even as Ether (ETH) trades far below last year’s highs, arguing that the gap between usage and price could eventually narrow.

Ethereum’s internal metrics, including transaction counts and total value locked in ETH terms, remain close to record levels, according to a Thursday report from Standard Chartered’s digital…

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Cointelegraph Staff · Cointelegraph

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