Ethereum (ETH) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Saturday, the Distributed Software Platform has fallen 0.06% to $3404.92.
The Volatility Gauge analyzes this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
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 good position going forward. With support around $3345.61 and resistance around $3456.39. This leaves Ethereum with room to run before facing selling pressures.
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