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  • Ethereum price on Thursday is trading in negative territory, with losses of some 2.25%.  
  • ETH/USD story has not changed like many price action remains within a narrow pennant.  
  • Critical daily support is observed the psychological $200 price mark, failure to hold could be very punishing.  

Spot rate:                  213.87

Relative change:       -2.20%

High:                          219.35

Low:                           211.03


ETH/USD 60-minute chart

  • ETH/USD via the 60-minute remains very much directionless, lack of committed trend.  


ETH/USD daily chart

  • Price action is narrowing, the upside is capped at $220, downside at $200.