- Ethereum price seen trading broadly flat in the latter stages of trading on Tuesday.
- ETH/USD has edged out of a bullish flag pattern, inviting further buying pressure.
ETH/USD 4-hour chart
Spot rate: 288.73
Relative change: +0.10%
High: 293.04
Low: 280.85
Trend: Neutral
Resistance 1: 290.00, upper part of bull flag.
Resistance 2: 293.04, today’s (Tuesday) high.
Resistance 3: 300.00, large psychological resistance and supply zone.
Support 1: 283.89, 50MA.
Support 2: 279.00, lower part of flag.
Support 3: 270.00, demand zone.