Ethereum (ETH) is trading around ₹250,000 ($2,500), up 1.0% over the past 24 hours. However, the bigger story is how sharply the market is moving: ETH's volatility is running at 1.8 times its own 14-day baseline, while its 14-period average true range (ATR) stands at 3.6% of price.

That means ETH is experiencing larger-than-usual price swings, even as it posts a modest daily gain. Over the next two to three days, the key question is whether buyers can maintain upward momentum or whether selling pressure pushes ETH back towards support.

Ready to act on these levels?

▼ Support

₹246,000 $2,460

▲ Resistance

₹256,000 $2,560

If ETH holds above ₹246,000 ($2,460) and buying interest continues, the price could retest ₹256,000 ($2,560) over the next few sessions. A sustained move above resistance would strengthen the bullish case, although elevated volatility could still produce sharp pullbacks along the way.

If ETH slips below ₹246,000 ($2,460), sellers could push the price towards ₹241,000 ($2,410). A sustained break below support would weaken the current recovery and put further downside pressure in focus over the next two to three days.

Volatility that's at a level above normal

ETH's volatility is now 1.8 times its 14-day baseline. On one hand, that means ATR(14) has become quite large reaching a price level of 3.6%. In other words, ETH is behaving more dynamically than usual, with more abrupt price jumps that happen suddenly during quiet periods.

Of the signals available for futures traders, one stands out: how ETH changes the prices around support and resistance if such a pattern persists. However, volatility alone does not tell traders whether the next move will be up or down, so confirmation from price action matters.

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