Ethereum Primed for Upswing, Says Analyst Jason Pizzino
Crypto analyst Jason Pizzino predicts that Ethereum (ETH) may be preparing for an upward swing.
In a recent video update, Pizzino explains to his 329,000 YouTube subscribers that Ethereum’s average true range (ATR). An indicator of market volatility, suggests an imminent breakout. He notes that ETH is forming lower highs and higher lows, with the ATR contracting, indicating potential for a significant upward move.
Pizzino advises traders to watch ETH’s ATR closely to avoid missing out on a sudden price surge. Currently, Ethereum is trading at $3,502, showing a slight increase over the past 24 hours.
Clever Robot News Desk 24th June 2024
