- Ethereum price seen down a whopping 8% on Tuesday, as it further gives back last week’s gains.
- ETH/USD has been flirting underneath the broken ascending trend line through the session, indicating of some further vulnerability.
ETH/USD 60-minute chart
Spot rate: 208.61
Relative change: -8.45 %
High: 227.85
Low: 202.32
Trend: Bearish.
Support 1: 208.00-207.00, consolidation area 18-20 September.
Support 2: 200.00, psychological support.
Support 3: 196.00-192.00.0, key near-term demand zone.
Resistance 1: 212.05, broken ascending trend line.
Resistance 2: 215.00, resistance on 60-minute chart.
Resistance 3: 225.00, supply zone.