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Ethereum volatility

Ethereum volatility fading away

Ethereum volatility faded away after a big green candle however no selling pressure as the price sits on $4087, fib 0.786 support. 

Ethereum price today is $4,077.58 USD with a 24-hour trading volume of $15,676,070,608 USD.  Ethereum is up 3.29% in the last 24 hours, with a market cap of $484,710,704,855 USD. It has a circulating supply of 118,872,010 ETH coins,

Ethereum Volatility
Source: Tradingview

Ethereum Volatility: Analysis 

After this support level breaks, Ethereum will follow the recent pattern of higher lows and rest at $4000, fib 0.618 psychological support. Locally, we have EMA 200 working as support here. Once Ethereum breaks above this, this area will turn into a considerable support zone. We have next resistances at $4263 and then at $4500 if this week ends bullish.

About mnmansha

MN Mansha is a cryptocurrency expert, trader, and content writer with extensive experience in covering everything related to digital assets — from price analysis to Blockchain disruption. Mansha authored 100+ stories for NewsBSC.com and other fintech media outlets and he's actively writing more every day. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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