Search ForexCrunch
  • Ethereum price is trading in the red by some 0.35% in the session on Friday.  
  • ETH/USD price action is running at four consecutive days in the green, as the bulls look to regain control.    
  • A big barrier of resistance can be observed at the $140 price mark.  

 

ETH/USD weekly chart

ETH/USD managed to snap a weekly run of losses, the closure last week was in the green, after six consecutive in the red.  

ETH/USD daily chart

The bulls push for a step in the right direction, after managing to escape from a bearish pennant structure via the daily.  

 

Spot rate:                     124.75

Relative change:         -0.40%

High:                             136.06

Low:                             131.64