- Ethereum price in the second half of Monday’s session is trading in minor positive up some 0.5%.
- ETH/USD price action moving within an ascending wedge pattern, subject to potential breakout south.
- Should the supporting structure noted above give way, a fat retest down at $100 area could be seen.
Spot rate: 142.96
Relative change: +0.51%
High: 144.11
Low: 140.14
Trend: Bullish/Neutral
ETH/USD 60-minute chart
- ETH/USD price action is ranging within a narrowing block formation, subject to a breakout.
ETH/USD daily chart
- Price action moving within ascending wedge via the daily. This has been active since the back end-February.
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