Ethereum Technical Analysis: ETH/USD remains stuck within the stubborn $400 territory, no sign of an escape from this sleepy price action

• Ethereum price is seen down over 2% on Monday, inline with the cooling in pricing across the board.
• ETH/USD has been stuck within the $400 territory for over 12 days now, range-bound.  
• Looking at the RSI, the price is now oversold, having now entered a demand zone, small buying may be seen.  

ETH/USD 30-minute chart

Spot rate:                    455.98

Relative change:        -2.26%

High:                           469.93

Low:                            453.34
 

Trend:                         Neutral/Bearish

Support 1:                  456-455.00, demand zone.

Support 2:                  446.00, 24th July low & (support on 30-minute chart).  

Support 3:                  445.50, demand zone.

Resistance 1:             463.47, 50MA.

Resistance 2:             464.90, 100MA.

Resistance 3:             470.00, (resistance on 30-minute chart).