Ethereum and aggregate crypto markets have been caught in a strong downtrend since early November, and face ETH and other cryptocurrencies as a result of the decrease in trading volume, a continuous side trading period that investors and traders have been the same for
This lack of volatility has particularly affected Ethereum, which is currently seeing the lowest volatility level of 60 days seen since 2016. Which may indicate that a massive movement is imminent.
Ethereum enters the adjusted trading range as the volume Dives
At the time of writing, Ethereum is trading just below 1% at its current price of $144.55. Indicating a slight drop from its daily high of more than $146.
Since last week, ETH has been in the middle of the $140 zone. Finding strong support at around $140 and strong resistance at $150.
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