Ethereum technical analysis: ETH/USD big barrier watched at $200

• Ethereum price on Thursday is trading in positive territory by 0.60%.
• ETH/USD has found some daily support around the $180 mark, a breach could send the price down to $150.  
• The big psychological $200 price mark is likely to act a new barrier for the bulls.  

Spot rate:                   188.46

Relative change:       +0.60%

High:                          190.24

Low:                           182.86

ETH/USD daily chart

• Major daily support seen at $180 prevents the price from free-fall for now, next major support eyed at $150.  

ETH/USD 60-minute chart

• Near-term price action moving within an ascending channel or a bearish flag structure, subject to a potential breakout south.