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Ether Uptrend Is Weakening, Could Test Lower Support: Technical Analysis

Ether is facing resistance from all-time-highs and could see lower support, initially around $1,561.

By Damanick Dantes
Updated Sep 14, 2021, 12:24 p.m. Published Mar 11, 2021, 12:18 p.m.
Ether prices have softened recently after a powerful bull run over the past year.
Ether prices have softened recently after a powerful bull run over the past year.

Ether (ETH), the second largest cryptocurrency by market cap, is up about 140% for the year to date, but the uptrend has slowed since January. The first level of support is around $1,561, defined by its 50-day volume weighted moving average.

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  • The relative strength index (RSI) made a series of lower highs since January, diverging from ETH’s uptrend.
  • Initial support for ETH is around $1,561, with lower support around the $1,300 breakout zone.
  • Resistance remains around the $2,000 level, which set in February as fresh all-time-high for ETH.
  • ETH has trailed bitcoin (BTC) since the Chicago-based commodities exchange CME launched its new ether futures contract in early February.
Chart shows RSI divergence with ETH uptrend.
Chart shows RSI divergence with ETH uptrend.

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Protocol Research: GoPlus Security

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  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
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DOT Sinks 2% After Breaking Key Support

Ni CD Analytics, Will Canny|Edited by Oliver Knight
14 oras ang nakalipas
"Polkadot price chart showing a 2.5% drop from $2.02 to $1.97 with increased trading volume."

The Polkadot token erased earlier gains amid elevated volume, falling from a high of $2.09 to $1.97.

Ano ang dapat malaman:

  • DOT collapsed through ascending trendline support around the $2.05 level on a massive 284% volume surge.
  • The token broke decisively below the support level to trade 2% lower over the last 24 hours.

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