Search ForexCrunch
  • Ethereum price is trading in positive territory, small gains of some 0.40%  on Monday.
  • ETH/USD since smashing below the big pychological $200 mark, has failed to regather upside momentum.  
  • The price has a chunky barrier at $180 and then $200 to the upside.  
  • In terms of next major support, this is seen down at the $150 territory.  

Spot rate:                  171.47

Relative change:       -0.10%

High:                          171.95

Low:                           170.62

 

ETH/USD daily chart

  • The price has been left exposed following the breakout below the $200 zone and then key support at $180.  

ETH/USD 60-minute chart

  • Price action is moving within a narrowing range-block, which could even be eyed as a bearish flag structure.