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  • Ethereum   price in the second half of Monday, holding losses of some 1.30%.
  • ETH/USD like some of its peers is moving within a bearish pennant via the daily view..  
  • There is psychological support at the $200 mark, in confluence to the lower acting trend line of the pennant.  


Spot rate:                  206.48

Relative change:       -0.75%

High:                          215.11

Low:                           205.89


ETH/USD 60-minute chart

  • A near-term bearish flag is seen via to 60-minute, which is observed across the board with a number of its peers.


ETH/USD daily chart

  • A bearish technical pennant is subject to a potential breakout to the downside.