Ethereum Volatility Hits 9-Week Lows: Key ETH Price Levels to Watch Next
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Ether (
A key area of interest below lies between $1,750 and $1,800, where investors accumulated more than 1.4 million ETH in the past three months, according to Glassnode’s cost-basis distribution data.
If ETH loses this level, it risks going lower toward $1,150, coinciding with the measured target of the bear flag.
The bulls, meanwhile, must flip the $2,100-$2,200 supply zone into support, where the 50-day exponential moving average (SMA) is. Above that, the next resistance will likely be the local high at $2,380 reached on March 16.
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