- Ethereum price is trading in the green, up 5.90% the session on Monday.
- Daily support holding for now around the $130 mark, as the price attempts to stabilize.
- ETH/USD is at risk of falling towards the next major zone of resistance seen at $120-105 range.
ETH/USD weekly chart
Price action is running towards its third consecutive week in the red, trading at the lowest levels seen since March.
ETH/USD daily chart
The price is retesting a breached demand zone, now new resistance at $150-160 range.
Spot rate: 147.10
Relative change: +5.90%
High: 150.46
Low: 132.48
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