Ethereum (ETH) is currently moving sideways, trading within a tight range. The one-day chart shows a clear decline in market volatility, reflecting a balance between buying and selling pressure.
The Average True Range (ATR), a key volatility indicator, has dropped to signaling reduced price swings and cautious market behavior. This decline in ATR highlights that traders are taking fewer risks, leading to smaller moves and lower trading activity.
Periods of compressed volatility like this often precede significant price moves. As ETH remains stuck in this narrow range, traders are watching closely for a potential breakout that could set the tone for the next major trend.
The Average True Range (ATR), a key volatility indicator, has dropped to signaling reduced price swings and cautious market behavior. This decline in ATR highlights that traders are taking fewer risks, leading to smaller moves and lower trading activity.
Periods of compressed volatility like this often precede significant price moves. As ETH remains stuck in this narrow range, traders are watching closely for a potential breakout that could set the tone for the next major trend.
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Truly Unbiased Cryptocurrency News beincrypto.com
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.