Here’s a comprehensive summary of the trading data for $ETH

ETH/USDT:

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Current Price: $2,620.37 (-3.49%)

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Price Statistics:

24h High: $2,717.11

24h Low: $2,613.20

24h Volume (ETH): 310,737.07 ETH

24h Volume (USDT): $826.98M

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Moving Averages (MA):

MA (7): $2,637.19

MA (25): $2,661.82

MA (99): $2,663.39

MA (5): 9,432.97 ETH

MA (10): 9,009.45 ETH

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Depth and Key Levels:

Current Price Level: $2,620.37

Resistance Level: $2,717.11 (24h High)

Support Level: $2,613.20 (24h Low)

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Market Insights:

The price of Ethereum (ETH) is currently $2,620.37, indicating a 3.49% decline in the last 24 hours.

The trading volume is substantial, with 310,737.07 ETH traded, translating to approximately $826.98M in USDT, suggesting a healthy level of market activity.

The 7-day moving average is slightly above the current price, which could signal potential resistance in the near term if price movements continue to reflect a bearish trend.

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Conclusion:

In summary, ETH is experiencing a noticeable decline, and with significant trading volume, it's essential to monitor key support at $2,613.20 and resistance at $2,717.11. Keeping an eye on the moving averages will provide insights into potential trend reversals or continuations in the upcoming trading sessions.

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