- Ethereum price was nursing losses of 0.5% in the latter stages of trading on Monday, with price pressures seen across the board.
- ETH/USD range days are coming to an end, as price penetrates between the triangle awaiting a big breakout.
- Ethereum loses out to Tron, as TRX daily transactions surpasses ETH.
ETH/USD daily chart
Spot rate: 203.47
Relative change: -0.55%
High: 205.80
Low: 202.52
Trend: Bearish
Support 1: 200.00, lower support on triangle.
Support 2: 190.30 11 October low.
Support 3: 175.50, demand zone.
Resistance 1: 211.55, upper trend line of triangle.
Resistance 2: 230.00, resistance on daily.
Resistance 3: 245.00, supply zone.
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