Ethereum (ETH) has been relatively less volatile compared to the crypto market. So far Thursday, the Distributed Software Platform has declined 0.71% to $2250.52.
InvestorsObserver is giving Ethereum a 19 Volatility Rank. Find out what this means to you and get the rest of the rankings on Ethereum!
Low Volatility
InvestorsObserver gives Ethereum a low volatility rank of 19, placing it in the bottom 19% of cryptos on the market.The Volatility Gauge takes into account meaning that one day won't make or break its rank. ETH's low volatility reading is coupled 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 in a favorable position going forward. With support around $2202.92 and resistance around $2288.55. This positions Ethereum with room to run before facing selling pressures.