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  • Ethereum price was seen trading ever so marginally within the green, as it continues to lack progression in moving to the north.
  • ETH/USD has again been rejected by the upper descending trend line of the falling wedge pattern.


ETH/USD 60-minute chart



Spot rate:                                    468.09

Relative change:               +0.12%

High:                            470.83

Low:                                                      449.77


Trend:                                                 Neutral



Support 1:                                  464.00, (support on 60-minute chart).

Support 2:                                    440.86, 30th June low.

Support 3:                                    421.50, demand zone.  

Resistance  1:                          469.15, 50MA &100MA.

Resistance 2:                          471.00, upper descending trend line of wedge.

Resistance 3:                          477.50, (resistance on 60-minute).