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via BeInCrypto · By Jakub Dziadkowiec

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

ETH

ETH/USDT

$1,653.75

-5.37%

$1,653.75

-5.37%

(24s)

24h Volume

$12,877,673,538.63

24h H/L

$1,779.90 / $1,635.65

Change: $144.25 (8.82%)

Long/Short

78.0%

Long: 78.0%Short: 22.0%

Funding Rate

-0.0091%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,652.66

▼ -4.37%

Volume (24h): -

Resistance Levels

Resistance 3$1,872.11

Resistance 2$1,759.37

Resistance 1$1,695.18

Price$1,652.66

Support 1$1,614.24

Support 2$1,505.68

Support 3$1,244.77

Pivot (PP):$1,674.85

Trend:Downtrend

RSI (14):36.1

Jakub Dziadkowiec

(07:53 PM UTC)

1 min read

Verified byMichael Roberts

508 views

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…

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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Source

Jakub Dziadkowiec · BeInCrypto

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