A mostly flat day so far for Ethereum, ranging between $1,798.47 and $1,826.45; currently at $1,816.51.
Ethereum's notable support and resistance levels: Ethereum reversed direction at $1,799 support zone and climbed $17.6 above it. Concerning technical analysis and more specifically, trend indicators, Ethereum made an initial break below its 5 day Simple Moving Average at $1,811.57, a possible indication of a forthcoming negative trend. Asset volatility analysis shows that Ethereum's upper Bollinger Band® is at $1,953 and the lower is $1,760.72.
With market volatility ebbing, the current technical outlook indicates Ethereum will remain range-bound for the immediate future.
Other markets show mixed performance as having closed the previous session at $1.24, FTX Token is up 9.54% today to currently trade at around $1.36. Litecoin climbs 2.5% to trade around $89.3. After ending today's session at $6.63, UNICORN Token USD lost $0.197 and is trading around $6.43.
A month ago ETH reached a significant high of $2,120 but has consequently lost 14.35% since then. ETH is currently trading with a market cap of 218.50 billion with an average daily volume of 8.20 billion.