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via BeInCrypto · By Jakub Dziadkowiec

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

ETH

ETH/USDT

$2,577.35

-2.40%

$2,577.35

-2.40%

(24s)

24h Volume

$8,837,033,003.66

24h H/L

$2,668.00 / $2,564.33

Change: $103.67 (4.04%)

Long/Short

56.8%

Long: 56.8%Short: 43.2%

Funding Rate

+0.0030%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,576.94

▼ -2.12%

Volume (24h): -

Resistance Levels

Resistance 3$3,143.74

Resistance 2$2,979.88

Resistance 1$2,614.92

Price$2,576.94

Support 1$2,565.01

Support 2$2,488.73

Support 3$2,420.62

Pivot (PP):$2,634.54

Trend:Uptrend

RSI (14):60.3

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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