ETHUSD(4Hr) : ETH moving with very low volatility

Market in the last 24hrs
The price is moving in a slightly bearish momentum along with the middle Bollinger band in the last 24 hours. Trading volume has been high in the last 24 hours.

Today’s Trend analysis
The price is moving along the middle Bollinger band which acts as a support line so as long as the price is moving above it we can expect an overall bullish momentum.

Price volatility was very low at approximately 0.3%, with the day's range between $2258 — $2342.
Price at the time of publishing: $2297
ETH's market cap: $268 Billion

However, the Indicator summary is giving a 'BUY' signal on ETHUSD.

Out of 11 Oscillator indicators, 1 is giving a SELL signal, 9 are neutral and 1 is giving a BUY signal.

Out of 15 Moving average indicators, 2 are giving a SELL signal, 1 is neutral and 12 are giving a BUY signal.

Trading volume has been high in the last 24 hours.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.

Note: Above analysis would hold if we do not encounter a sudden jump in trade volume.

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Any feedback and suggestions would help in further improving the analysis!
Chart PatternscryptoCryptocurrencycryptotradingEthereum (Cryptocurrency)ETHUSDTechnical IndicatorsmudrexTechnical AnalysistechnicalindicatorsTrend Analysis

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