- Ethereum price nursing minor losses of just 1% in the session on Tuesday, mixed prices seen across the board.
- ETH/USD receives decent bidding around the $200 mark, very attractive level as previously proven.
- Shooting star candlestick was seen in very early hours, which was the start of the session’s downward pressure.
ETH/USD 60-minute chart
Spot rate: 201.42
Relative change: -1.15%
Support 1: 200.89, support on 60-minute.
Support 2: 200.50, demand area.
Support 3: 200.00, physiological support level.
Resistance 1: 203.25, resistance on 60-minute.
Resistance 2: 204.35, choppy supply zone.
Resistance 3: 208.00, 21st October high area & supply.