- Ethereum price on Friday in the latter part of the session is trading up some 1%.
- ETH/USD failed to see that critical daily closure out of bearish pennant structure.
- The price continuing to remain within the bearish structure keeps it vulnerable to downside risks.
Spot rate: 219.79
Relative change: +1.05%
ETH/USD 60-minute chart
- There is little in terms of committed direction, given the narrowing range-block seen via the 60-minute.
ETH/USD daily chart
- The price action further narrows within the noted daily pennant structure.