Mixed sentiment leads Ethereum cryptocurrency to trade sideways; establishes tight $1,811 to $1,824 range

Ethereum trades at $1,824, after ending today at $1,821.44.

The Commodity Channel Index (CCI) indicator is above +100, meaning the market price is unusually high compared to the rolling average. Ethereum's upper Bollinger Band® is at $1,765.44, indicating gains could follow.

Despite muted price action in ETH, chart analysis indicates it is positioned for a bullish run in the short term.

While ETH is pretty flat so far today, mixed performances are seen elsewhere as having closed the previous session at $1.24, FTX Token is up 9.54% today to currently trade at around $1.36. Having closed the previous session at $0.082, Dogecoin is up 2.05% today to currently trade at around $0.084. Ripple is up 1.59%.

Ether has a market cap of 219.72 billion with an average daily volume of 8 billion.