- Ethereum price on Wednesday further cooled, nursing losses just shy of 1%.
- ETH/USD likely to seek some support from ascending trend line, that has been running since 12th September.
ETH/USD 60-minute chart
Spot rate: 207.12
Relative change: -0.85%
High: 215.83
Low: 203.31
Trend: Neutral/Bearish
Support 1: 205.38, 50MA (60-minute).
Support 2: 200.95, ascending trend line.
Support 3: 194.66, low area 17-18 September,
Resistance 1: 212.57, 100MA (60-minute).
Resistance 2: 218.90, supply zone.
Resistance 3: 227.70, 15 September high.