$ETH printed 2,538 today, its weakest level since September 19, and the session lost 4.4%.
Live numbers:
Price: 2,574 USD
24h: -4.4%, high 2,700, low 2,538
7d: -4.4%
30d: +3.2%
Market cap: 314.24B USD, rank 2
24h volume: 17.80B USD
The shape of the day: open at 2,697, high at 2,700 in the first hour, then a straight slide to 2,538 before a partial recovery to 2,574.
Volume is the detail that separates this from the last few sessions: 1.06B USD on the main USDT pair today against a 748M average over the previous 30 days. That is 1.4 times the recent norm, and the three sessions before it ran between 265M and 733M. Sellers showed up with size this time.
The four sessions before today held between 2,679 and 2,739, a shelf just over 2% wide. It broke in one move.
Where it sits: 2,358 is the 30 day low from mid September, 2,807 the 30 day high. Price is in the bottom quarter of that band.
Levels. Below price: 2,538, today's low, then 2,358. Above price: 2,700, then 2,739.
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#ethereum #eth #defi #altcoin #crypto
Live numbers:
Price: 2,574 USD
24h: -4.4%, high 2,700, low 2,538
7d: -4.4%
30d: +3.2%
Market cap: 314.24B USD, rank 2
24h volume: 17.80B USD
The shape of the day: open at 2,697, high at 2,700 in the first hour, then a straight slide to 2,538 before a partial recovery to 2,574.
Volume is the detail that separates this from the last few sessions: 1.06B USD on the main USDT pair today against a 748M average over the previous 30 days. That is 1.4 times the recent norm, and the three sessions before it ran between 265M and 733M. Sellers showed up with size this time.
The four sessions before today held between 2,679 and 2,739, a shelf just over 2% wide. It broke in one move.
Where it sits: 2,358 is the 30 day low from mid September, 2,807 the 30 day high. Price is in the bottom quarter of that band.
Levels. Below price: 2,538, today's low, then 2,358. Above price: 2,700, then 2,739.
Follow me for daily trending breakdowns.
#ethereum #eth #defi #altcoin #crypto
