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  • Ethereum price is trading in the green by 8.10% in the session on Thursday. 
  • ETH/USD is running towards its third session in the green, despite price narrowing.
  • There is a chunky barrier of resistance at the range of $135-140 capping upside. 

ETH/USD daily chart

Near-term price action is moving within a rising channel structure, at risk of potential breakout south. 

ETH/USD 60-minute chart

The price has smashed out of a bearish flag to the downside, inviting further pressure south. Eyes on a possible retest. 

Spot rate:                     126.75

Relative change:          -0.10%

High:                             129.75

Low:                              115.76