#TariffsPause , The movement of ETH (Ethereum) is showing a slight increase in its current price. According to the latest data, the price of ETH is $1,807.04, with a change of $8.27 and a percentage change of 0.46%. The price has fluctuated between $1,778.94 and $1,841.16 in the last 24 hours.
Market Summary:
- Current price: $1,807.04
- Market capitalization: $214.35 billion
- Change in 24 hours: 0.46%
- Trading volume: $13.48 billion (in the last 24 hours)
Analysis:
Although the price of ETH has increased slightly, some analysts predict that it could face resistance at $1,895 due to selling pressure. The long-term trend remains bearish, and a daily close above $2,142 would be needed to initiate a potential recovery.
Relevant News:
- Ethereum's dominance in the market has fallen to historic lows, with a share of just 7% of the total market value.
- Despite this, Ethereum remains the most important network after Bitcoin, with the largest number of active developers and total value locked (TVL).³
