- Ethereum price in the second half of Friday is trading in negative territory with minor losses of 0.5%.
- ETH/USD price action remains within the confinements of a bullish flag pattern.
- A return to the $300 territory appears to be within reaching distance for the bulls.
Spot rate: 248.06
Relative change: -0.50%
High: 248.35
Low: 248.06
ETH/USD 60-minute chart
- Price action is ranging within a narrowing block formation seen via the 60-minute.
ETH/USD daily chart
- A bullish flag structure can be observed via the daily chart view, subject to a potential brekaout higher.