Here’s the current trading data summary for $ETH
ETH/USDT:
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Current Price: $2,632.30 (-2.74%)
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Price Statistics:
24h High: $2,713.40
24h Low: $2,613.20
24h Volume (ETH): 309,885.28 ETH
24h Volume (USDT): $824.22 Million
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Moving Averages (MA):
MA (5): 10,519.22
MA (7): 2,638.90
MA (10): 9,552.57
MA (25): 2,662.30
MA (99): 2,663.51
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Market Depth and Key Levels:
Current Price Level: $2,632.30
Resistance Level: $2,713.40 (24h High)
Support Level: $2,613.20 (24h Low)
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Trading Insights:
ETH is currently experiencing a decline of 2.74%, trading near $2,632.30.
The trading volume indicates healthy activity with 309,885.28 ETH and $824.22 Million traded in USDT over the past 24 hours.
The moving averages show a mixed sentiment, with the short-term MA (7) slightly below the longer-term MA (25), indicating potential bearish momentum.
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Conclusion:
The ETH/USDT pair is under pressure, trading around $2,632.30. Traders should watch the support level at $2,613.20 for signs of buying interest or potential breakout. The recent 24h high of $2,713.40 serves as the next resistance to monitor. Overall market activity remains robust, reflecting continued interest in the Ethereum market.
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