$ETH /USDT Showing Slight Recovery After Testing Lows
Hey everyone,
Here's the latest update on the $ETH /USDT chart. The current price of Ethereum is at $1,798.65, showing a small increase of +0.20% recently.
Looking at the 24-hour data, the High was $1,816.80 and the Low touched $1,731.70. The 24h Volume stands at 493,926.39 ETH, which is equivalent to 880.01M in USDT.
The chart indicates that after testing the $1,731.70 low, we're seeing a bit of a bounce back. The price is currently trying to establish itself above the $1,790 level. However, the overall price action still looks somewhat uncertain, with both buying and selling pressure present.
Traders will be watching to see if this recovery has enough momentum to push through the $1,800 resistance level. If it does, we might see further upside. On the other hand, failure to break this resistance could lead to another test of the recent lows.
What are your thoughts on Ethereum's current movement? Do you think this recovery will hold, or are we heading for more volatility? Share your insights!
