- Ethereum price was seen up a modest 1% on Thursday, after coming under some pressure in the back end of Wednesday.
- ETH/USD was caught just below a steady demand zone, by a secondary tracking ascending trend line.
ETH/USD 60-minute chart
Spot rate: 273.68
Relative change: +1.10%
High: 275.49
Low: 267.63
Trend: Bullish/Neutral
Resistance 1: 277.10, 50MA.
Resistance 2: 278.40, breached primary ascending trend line.
Resistance 3: 283.20, 50MA.
Support 1: 270.00, demand zone and ascending supporting trend line.
Support 2: 259.15, 22nd August low.
Support 3: 254.00, big demand area and 14th August low.
Share
