- 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.