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  • Ethereum price is trading in the red marginally, down 0.60% the session on Thursday.
  • ETH/USD is moving within consolidation mode following the strong range brekaout  on Wednesday.  
  • The next major area of attraction for the bulls will likely be the pychological  $200 mark.    


ETH/USD daily chart

The next barrier for the bulls to tackle is seen at the range of $200-205, the price may first be subject to a retest of the breached two-week range, down at $180.  

ETH/USD 60-minute chart

Important 60-minute support is observed at the $188 mark, failure to hold will invite a near-term wave of selling pressure.  

Spot rate:                   191.79

Relative change:       -0.60%

High:                          194.86

Low:                           187.71