via BeInCrypto · By Jakub Dziadkowiec
Ethereum Volatility Hits Multi-Month Low: Rally Next or Further Downside?
ETH/USDT
$7,310,122,833.16
$1,882.00 / $1,853.48
Change: $28.52 (1.54%)
+0.0016%
Longs pay
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…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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