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<ul class="news-points">
 <li>Ethereum (ETH) saw its price drop 1.25% over the past 24 hours and was trading at $1,788.71.</li>
 <li>ETH was able to reach a high of $1,854.38 yesterday, which was just short of the major $1,860 resistance level.</li>
 <li>Despite the latest correction, ETH still had the support of the $1,755 level.</li>
</ul>
The leading altcoin <a href="https://coinedition.com/tag/ethereum-eth/" rel="noopener noreferrer nofollow">Ethereum (ETH)</a> was one of the handful of cryptocurrencies in the top 10 list that was down at press time. According to data from CoinMarketCap, ETH had recorded a 24-hour loss of 1.25%, and was changing hands at $1,788.71 as a result.
The only other cryptocurrencies that suffered a loss during the same period were Binance Coin (BNB) and Dogecoin (DOGE). CoinMarketCap data indicated that BNB was down 0.47%, while the popular meme coin’s value was down 0.67%.
Along with the drop in price, ETH also recorded a decrease in its 24-hour trading volume throughout the past day of trading. At press time, the cryptocurrency’s trading volume was down 29.65%. Consequently, the total was estimated to be around $11.820 billion.
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 <figure class="aligncenter size-full is-resized"><img decoding="async" src="https://www.tradingview.com/x/ZQ0E0Xvw/" alt="" style="aspect-ratio:2.0548712206047033;width: 100%;height:auto">
 <figcaption class="wp-element-caption">Daily chart for ETH/USDT (Source: <a href="https://www.tradingview.com/x/ZQ0E0Xvw/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>)
 </figcaption>
 </figure>
</div>
ETH had briefly dropped below $1,555 on 19 October 2023 and reached a low of $1,541.61 durin…
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/eth-still-has-support-despite-the-rejection-from-the-1860-mark/">ETH Still Has Support Despite the Rejection From the $1,860 Mark</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

ETH Still Has Support Despite the Rejection From the $1,860 Mark

Coin Edition

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