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  • Ethereum price is trading in the red, down marginally 0.20% in the second half of the session.

  • ETH/USD is attempting to stabilize after the brutal selling through the psychological $200 mark.

  • The price managed to end a five consecutive session losing streak.

 

ETH/USD daily chart

  • The price remains supported by a critical demand zone $190-165 range.  

ETH/USD 30-minute chart

 

  • Price action via the 30-minute view is moving within a bearish flag structure, subject to a breach.  

 
 
Spot rate:                  169.91

Relative change:       -0.20%

High:                          171.08

Low:                           167.37

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