Ethereum Price Prediction: ETH/USD running at four straight days of gains as the bulls maintain hope

• Ethereum price is trading in the red by 1.30% in the session on Wednesday. 
• ETH/USD is running towards four consecutive days in the green, despite the narrowing. 
• Upside is largely limited by supply at the $140 price mark. 

ETH/USD daily chart

Price action via the daily chart view still presents some downside risks, given the bearish pennant pattern. 

ETH/USD 60-minute chart

Price action has broken out to the upside from a near-term bullish pennant structure, making way for further buying momentum. 

Spot rate:                      137.02

Relative change:          -1.25%

High:                             139.04

Low:                              135.71