FX.co ★ Ethereum continues sliding sideways.

There is very low volatility in the Ethereum price action as price continues trading sideways for the last few sessions since May 12th. Price has made no real progress as it trades inside a trading range between $1,888 and $2,135.

Ethereum is in a neutral short-term trend as price remains inside the range boundaries. Traders better be patient and wait for a break above or below the blue line boundaries. Price action inside the trading range can be misleading. This is the time to be patient for short-term traders. Longer-term trend remains bearish.