Ethereum’s (ETH) price is consolidating near the $2,200 ans$2,400 zone for the past few sessions. The price remains stable around the $2,400 threshold amid the risk aversion among investors. The second-largest cryptocurrency as per the market value after Bitcoin, book modest gains for a third day on Friday.
The native currency of the Ethereum blockchain, Ether fell below the $3,000 psychological level on January 21. At the press time, ETH/USD is trading at $2,487, up 2.67% for the day. The 24-hour trading volume stands at $15 billion.
John Bollinger purchase Ethereum
Famous American Financial Analyst, trading indicator “Bollinger Bands” named after him purchased a small amount of the second-largest crypto asset. Although he clarified that not confident much on the asset as such there is no information about the quantity.
Source: Trading view
Technically speaking, Ethereum’s (ETH) price has been consolidating near the lower levels after the recent sell-off in the market took a b
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