Etheruem was seen down around 1.5% on Thursday, enjoying a very minor bounce after hitting session lows. ETH/USD recent price action has formed a bearish pennant pattern, which is subject to a potential break lower. A cooling in prices is very much still evident across the board, without signs of a slowdown for now. ETH/USD 60-minute chart Spot rate: 414.26 Relative change: -1.40% High: 424.68 Low: 409.47 Trend: Bearish Support 1: 409.47, today’s (Thursday) low & lower part of pennant pattern. Support 2: 407.83, Wednesday low (lowest level in 5 weeks). Support 3: 406.00, demand zone. Resistance 1: 415.50, previous demand zone. Resistance 2: 418.00, 50MA. Resistance 3: 421.80, 100MA. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next BoE’s Carney: MPC sees requirement for few more rate hikes over next few years – Bloomberg FX Street 5 years Etheruem was seen down around 1.5% on Thursday, enjoying a very minor bounce after hitting session lows. ETH/USD recent price action has formed a bearish pennant pattern, which is subject to a potential break lower. A cooling in prices is very much still evident across the board, without signs of a slowdown for now. ETH/USD 60-minute chart Spot rate: 414.26 Relative change: -1.40% High: 424.68 Low: … Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
