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  • Ethereum on Wednesday is trading marginally in the green, gains of some 0.50%.  
  • ETH/USD remains supported by decent demand at the psychological $200 mark, forming a potential bottom for bull recovery.  
  • There continues to be a lack of commitment from the market, as price remains within penannt, via daily.  


Spot rate:                  216.08

Relative change:       +3.00%

High:                          217.92

Low:                           209.66


ETH/USD 60-minute chart

  • Price action via the 60-minute chart view is smashing out from a mundane range, $212-205.00 area.  

ETH/USD daily chart

  • ETH/USD via the daily, like many of its peers is narrowing within the penannt still, given lack of commitment.