Ethereum (ETH) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Distributed Software Platform has dropped 1.51% to $1310.41.
InvestorsObserver is giving Ethereum a 33 Volatility Rank. Find out what this means to you and get the rest of the rankings on Ethereum!
Moderately Volatile
InvestorsObserver gives Ethereum a moderate volatility rank of 33, placing it in the bottom 33% of cryptos on the market.The Volatility Gauge tracks meaning that one day won't make or break its rank. ETH's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Ethereum price is favorably positioned going forward. With support set at $1284.62 and resistance around $1332.98. This leaves Ethereum with room to run before facing selling pressures.