- Ethereum price on Monday was trading in the green, minor gains of just over 1% seen.
- ETH/USD price action is moving within an ascending wedge pattern, bulls are trying to breakout.
ETH/USD 60-minute chart
Spot rate: 229.33
Relative change: +1.35%
High: 234.90
Low: 224.20
Trend: Bullish
Resistance 1: 229.50, above trend line of wedge pattern.
Resistance 2: 231.00, chunky near-term supply area.
Resistance 3: 239.04, 30 September high.
Support 1: 223.95, lower trend line of wedge pattern.
Support 2: 220.70, support on 60-minute chart.
Support 3: 215.00, demand zone.