Ethereum (ETH) has been relatively less volatile compared to the crypto market. So far Saturday, the Distributed Software Platform has dropped 0.56% to $2061.69.
InvestorsObserver is giving Ethereum a 21 Volatility Rank. Find out what this means to you and get the rest of the rankings on Ethereum!
Low VolatilityInvestorsObserver gives Ethereum a low volatility rank of 21, placing it in the bottom 21% of cryptos on the market.
The Volatility Gauge follows meaning that one day won't make or break its rank. ETH's low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
Ethereum price is well positioned going forward. With support around $2034 and resistance at $2100.56. This positions Ethereum with room to run before facing selling pressures.