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  • Ethereum price on Wednesday is trading in the red, small losses seen of 0.10%.  
  • ETH/USD heavy supply can be seen around the $180-185 price range.  
  • A key area of support is tracking just below at $170, where an ascending trend line can be seen.  


Spot rate:                   170.50

Relative change:       -0.10%

High:                          172.43

Low:                           164.95

ETH/USD 60-minute chart

  • Vital near-term ascending trend line tracking around $170, preventing necessary comfort at present.  

ETH/USD daily chart

  • Heavy supply observed around the $180-185 price region, the price has not been above since November 2018.