- Ethereum price on Monday failed to see any committed direction, trading up marginally 0.10%.
- ETH/USD back within consolidation mode, subject to another potential breakout south.
ETH/USD 15-minute chart
- Near-term ascending channel formation seen via the 15-minute chart view.
Spot rate: 107.48
Relative change: +0.11%
High: 109.12
Low: 106.59
Trend: Bearish
Support 1: 104.76, daily pivot point support.
Support 2: 102.25, daily pivot point support.
Support 3: 98.73, daily pivot point support.
Resistance 1: 110.80, daily pivot point resistance.
Resistance 2: 114.31, daily pivot point resistance.
Resistance 3: 116.83, daily pivot point resistance.
ETH/USD 60-minute chart
- Price action moving within an ascending wedge pattern, subject to a potential break south.
ETH/USD daily chart
- Little to no big price movement seen for ETH/USD, has daily tightens greatly.
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