Search ForexCrunch
  • 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.