The ETH platform is welcoming strong support at just below $1900, with a buying volume of 3.56 million coins in the $1843 to $1900 range.

On March 17th, according to intotheblock, on-chain data shows that Ethereum has an important support area just below $1900, with approximately 3.56 million ETH purchased between $1843 and $1900. This accumulation indicates strong support in this area, but if the price of Ethereum falls below this range, the risk of a collapse will increase as demand seems to significantly weaken below this level.