- Ethereum price drops over 12% on Thursday, after Indian banks looks at big crypto crack-down.
- ETH/USD enters large touted demand zone, for hope of bounce-back, tracking between $450-460.
ETH/USD 4-hour chart
Spot rate: 6180.0
Relative change: -10.90%
High: 526.11
Low: 460.79
Trend: Bearish
Support 1: 450.00, strong demand area & 13th June low.
Support 2: 393.14, (support 4-hour chart).
Support 3: 363.00, demand zone.
Resistance 1: 479.55, (resistance on 4-hour chart).
Resistance 2: 495.30, 13th June high.
Resistance 3: 508.25, 50MA.
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