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  • 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%

High:                          222.75

Low:                           215.84


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.