- Ethereum price is trading in the green by some 3.90% in the session on Friday.
- ETH/USD has caught a near-term upside bid, sustainability, however, does still remain questionable.
- Price action is still stuck within a bearish pennant structure via the daily view.
ETH/USD daily chart
A bearish pennant/flag structure can be viewed via the daily chart, subject to further potential moves south.
ETH/USD 60-minute chart
Price action via the 60-minute view smashed out from a descending channel structure, however price action is now consolidating above.
Spot rate: 131.90
Relative change: +3.90%
High: 133.92
Low: 125.81
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