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  • Ethereum price on Tuesday makes a chunky jump higher by some 8%, after an initial slow start to the session.
  • ETH/USD rally bounced off key near-term ascending trend line, as bulls eye above supply zone, within proximity of $225.

 

 

ETH/USD 60-minute chart  


 

Spot rate:                    212.90

Relative change:        +8.68%

High:                           222.00

Low:                            193.88

 

Trend:                         Bullish

 

Resistance 1:              213.40, 100MA (60-minute).

Resistance 2:             220.00,  entrance to supply zone.

Resistance 3:             225.00, high of 17th September &  resistance  on 60-minute.

Support 1:                   209.95, 50MA (60-minute).

Support    2:                  195.95,  ascending trend line.

Support    3:                  192.30, 17th September low & support on 60-minute.

 

Expert score

5

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