- Ethereum price on Wednesday is trading in minor positive territory up some 0.50%.
- ETH/USD is being supported to the upside by an ascending daily trend line. However, price remains within consolidation mode, following the weekend selling.
ETH/USD 15-minute chart
- The price is moving within a very narrow nature, not too surprising ahead of the network hard forks tomorrow.
Spot rate: 137.97
Relative change: +0.56%
High: 141.37
Low: 135.70
Trend: Neutral/Bullish
Trends:
Daily SMA20: 132.04
Daily SMA50: 123.71
Daily SMA100: 122.15
Daily SMA200: 177.57
Levels:
Previous Daily High: 139.46
Previous Daily Low: 134.74
Previous Weekly High: 152.82
Previous Weekly Low: 123.04
Previous Monthly High: 163.23
Previous Monthly Low: 102.17
Daily Fibonacci 38.2%: 136.55
Daily Fibonacci 61.8%: 137.66
Daily Pivot Point S1: 134.78
Daily Pivot Point S2: 132.4
Daily Pivot Point S3: 130.06
Daily Pivot Point R1: 139.5
Daily Pivot Point R2: 141.84
Daily Pivot Point R3: 144.21
ETH/USD 60-minute chart
- ETH/USD near-term price action is narrowing within a range-block formation, subject to potential breakout south.
ETH/USD daily chart
- Etheruem price continues to trade with limited action, ahead of the scheduled hard forks, anticipated tomorrow.