Ethereum (ETH) has been relatively less volatile when compared to other cryptocurrencies. So far Thursday, the Distributed Software Platform has declined 0.31% to $1860.89.
InvestorsObserver is giving Ethereum a 18 Volatility Rank. Find out what this means to you and get the rest of the rankings on Ethereum!
The Volatility Gauge analyzes 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 in a favorable position going forward. With support at $1835.81 and resistance around $1890.75. This leaves Ethereum with room to run before facing selling pressures.
