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Ethereum (ETH) has been relatively less volatile compared to the crypto market. So far Saturday, the Distributed Software Platform has advanced 1.33% to $1683.81.
InvestorsObserver is giving Ethereum a 15 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 15, placing it in the bottom 15% of cryptos on the market.The Volatility Gauge analyzes 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 trading above resistance. With support around $1640.39 and resistance around $1676.86. This leaves Ethereum out of range and potentially in a volatile position if the rally burns out.