Ethereum’s Bollinger Bands Signal That a Massive Movement is Imminent

Ethereum’s Bollinger Bands Signal That a Massive Movement is Imminent

Ethereum has been stuck below its near-term resistance level at $190 for the past several weeks, and both ETH’s bulls and bears have been deadlocked as they hold the cryptocurrency steady within the mid-$180 region.

This bout of sideways trading may soon be coming to an end, however, as analysts are now noting that ETH’s Bollinger Bands are currently squeezing, which means that a massive price…

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