- Ethereum price seen up over 1.5% on Thursday, with some green seen across the crypto market.
- ETH/USD like a number of its peers, as broken out from a descending channel to the upside.
ETH/USD 60-minute chart
Spot rate: 223.92
Relative change: +1.70%
High: 227.90
Low: 219.31
Trend: Bullish/Neutral.
Resistance 1: 226.54, 100MA (60-minute) & resistance on 60-minute.
Resistance 2: 232.00, choppy supply area.
Resistance 3: 238.90, 30 September high.
Support 1: 222.10, 50MA (60-minute).
Support 2: 220.15, on top of broken channel.
Support 3: 214.10, lower support within channel.