- Ethereum price is trading in the red by 1.40% in the session on Tuesday.
- ETH/USD price action is very much choppy, as seen over the last seven sessions.
- The bulls must break down a barrier of resistance running around the $270-290 range.
ETH/USD daily chart
A decent bounce has been observed at $238, around the current low of the session and sessions of 12 and 16 February.
ETH/USD 60-minute chart
Price action has run into supply via the 60-minute at a range of $270-275.
Spot rate: 264.45
Relative change: -1.40%
High: 271.78
Low: 259.45