- Ethereum price is seen trading up with some very minor gains of 0.25% on Friday.
- ETH/USD continues to fail in moving back above a supporting ascending trend line, which was breached on 22 August.
ETH/USD 60-minute chart
Spot rate: 276.44
Relative change: +0.21%
High: 276.08
Low: 278.67
Trend: Neutral
Resistance 1: 280.75, underneath breached trend line.
Resistance 2: 287.00, 50MA.
Resistance 3: 303.34, 100MA.
Support 1: 270.80, demand zone.
Support 2: 259.38, 22nd August low.
Support 3: 250-255, 14th August low & demand zone.