- 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.
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