Home Ethereum technical analysis: ETH/USD another blow for the price in $270-280 range
Crypto News

Ethereum technical analysis: ETH/USD another blow for the price in $270-280 range

  • Ethereum price on Tuesday is trading in negative territory, nursing losses of around 2.90%.
  • ETH/USD price action continues to face rejection within $270-280 range, where much supply can be seen.  
  • Despite the losses on the day, ETH/USD via the daily is moving within a bullish flag structure.  

 

Spot rate:                  266.20

Relative change:       -2.90%

High:                          274.32

Low:                           262.47

 

ETH/USD 60-minute chart

  • Vital near-term demand can be seen via the 60-minute view around $264-262 price range.  

ETH/USD daily chart

  • Price action via the daily continues to move within a bullish flag structure.  

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.