Ethereum Price Analysis: ETH/USD bulls enjoy huge extension above $200

FX Street

Updated: 6 Feb. 2020 | 16:22

Ethereum price is trading in the green by 3.90% in the session on Thursday.
ETH/USD bulls are making strong strides as the price smashes above the psychological $200 mark.
There is a chunky range of supply which runs from $200-235.

ETH/USD daily chart

The price is running towards its sixth consecutive session in the green.

ETH/USD 60-minute chart

Bulls have extended to the upside out of a near-term flag structure, carrying the price well beyond $200.

Spot rate: 211.75

Relative change: +3.90%

High: 216.20

Low: 201.17

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