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  • Ethereum price nursing minor losses of just 1% in the session on Tuesday, mixed prices seen across the board.
  • ETH/USD receives decent bidding around the $200 mark, very attractive level as previously proven.
  • Shooting star candlestick was seen in very early hours, which was the start of the session’s downward pressure.  

 

ETH/USD 60-minute  chart  


 

Spot rate:                   201.42

Relative change:       -1.15%

High:                          204.86

Low:                           200.23

 

Trend:                        Bearish

 

Support 1:                  200.89, support on 60-minute.

Support  2:                  200.50, demand area.

Support  3:                  200.00, physiological  support level.

Resistance  1:             203.25, resistance on 60-minute.  

Resistance  2:             204.35, choppy  supply zone.  

Resistance  3:             208.00, 21st October high area & supply.