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  • Ethereum price is trading in the red marginally, down 2.50% the session on Tuesday.
  • ETH/USD is moving within consolidation mode within a bearish flag structure.  
  • Heavy supply can be observed at the $200 price market, where the price faced some rejection just a few sessions ago.  


ETH/USD daily chart

Price action is moving within a bearish flag structure, subject to a potential breakout south.

ETH/USD 60-minute chart

Price action is being supported by an ascending trend line near-term via the 60-minute chart view, bears are testing it to the downside.  

Spot rate:                   186.07

Relative change:       -2.50%

High:                          188.68

Low:                           180.90