- Ethereum price on Tuesday is trading in the red down some 1.65%.
- ETH/USD bulls have been forced to slowdown at present heading into the $200 price territory.
- A strong wave of buying pressure could come back into play, so long as the bulls breakdown $200.
Spot rate: 300.47
Relative change: -1.85%
High: 181.15
Low: 174.87
ETH/USD 60-minute chart
- Price action moving within a consolidation pattern, pennant structure subject to a breakout.
ETH/USD daily chart
- There is much supply seen via the daily heading into the $200 price territory, proving to be a top currently.
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