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Ethereum (ETH) has been relatively less volatile when compared to other cryptocurrencies. So far Friday, the Distributed Software Platform has lost 4.07% to $1859.76.
InvestorsObserver is giving Ethereum a 17 Volatility Rank. Find out what this means to you and get the rest of the rankings on Ethereum!
The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day.
ETH’s low volatility reading pairs 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 trading near resistance. With support at $1771.25 and resistance set at $1879.41. This leaves Ethereum with potential selling pressures ahead as it may be getting over extended.
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