Ethereum price is trading in the red by 1.70% in the session on Thursday. ETH/USD price action has hit a double top area at $285 seen on 14 and 18 February. The bears are trying to regather momentum, running at two sessions in the red. ETH/USD daily chart The neckline support area of the noted double top formation is tracking around the $240 mark. ETH/USD 60-minute chart Price action is breaking out to the downside from a bearish pennant structure, via the 60-minute chart view. Spot rate: 279.84 Relative change: -1.70% High: 264.05 Low: 253.85 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EUR/USD fails to hold on to recovery gains, plummets below 1.0800 FX Street 2 years Ethereum price is trading in the red by 1.70% in the session on Thursday. ETH/USD price action has hit a double top area at $285 seen on 14 and 18 February. The bears are trying to regather momentum, running at two sessions in the red. ETH/USD daily chart The neckline support area of the noted double top formation is tracking around the $240 mark. ETH/USD 60-minute chart Price action is breaking out to the downside from a bearish pennant structure, via the 60-minute chart view. Spot rate: 279.84… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.