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via BeInCrypto · By Jakub Dziadkowiec

Ethereum Volatility Hits Multi-Month Low: Rally Next or Further Downside?

ETH

ETH/USDT

$2,446.99

-2.58%

$2,446.99

-2.58%

(24s)

24h Volume

$15,650,521,703.47

24h H/L

$2,535.05 / $2,405.97

Change: $129.08 (5.36%)

Long/Short

60.7%

Long: 60.7%Short: 39.4%

Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,438.46

▼ -2.89%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,518.02

Resistance 1$2,442.63

Price$2,438.46

Support 1$2,391.09

Support 2$2,252.80

Support 3$2,058.89

Pivot (PP):$2,519.74

Trend:Uptrend

RSI (14):69.7

Jakub Dziadkowiec

(07:53 PM UTC)

1 min read

Verified byMichael Roberts

0 comments

Ethereum (ETH) price trades near $2,120 after losing the lower band of its ascending parallel channel and slipping below the 0.236 Fibonacci retracement at $2,140 last week, leaving bulls and bears divided on the next directional move.

The Bollinger Band Width Percentile is at a multi-month low, signaling that volatility expansion is near. Traders now watch whether the demand zone near $1,950…

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Jakub Dziadkowiec · BeInCrypto

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