- Ethereum pressure to the downside picks up where it left off, trading in negative territory on Thursday.
- ETH/USD moves through the 50 and 100 MAs on the 15-minute time frame.
- Price action has been narrowing the past couple of sessions, suggesting another breakout is pending.
ETH/USD 15-minute chart
Spot rate: 474.53
Relative change: -0.35%
Resistance 1: 477.21, 100MA.
Resistance 2: 484.10, 50MA.
Resistance 3: 495.11, 14th June high.
Support 1: 465.10, (support on 60-minute chart).
Support 2: 459.05, demand zone.
Support 3: 450.05, 13th June low & (support on 60-minute chart)