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  • Ethereum price is trading with modest gains on Friday of 0.5%, as the price managed to find some stabilisation.
  • ETH/USD is currently moving within an ascending channel, which is seen across a number of other altcoins, subject to an extended move lower.



ETH/USD 60-minute chart


Spot rate:                    461.00

Relative change:        -0.28%

High:                          467.30

Low:                          457.22    


Trend:                         Neutral/Bearish


Support 1:                  460.84, lower part of ascending channel.

Support 2:                  458.00, today’s (Friday) low & (support on 60-minute chart).

Support 3:                  445.97,24th July & demand zone.

Resistance 1:             469.36, 100MA.

Resistance 2:             471.91, 50MA.

Resistance 3:             480.35, supply zone.