- Ethereum price was seen up with gains just shy of 1% on the day, which could have been greater if the bulls were able to breakdown some troublesome resistance.
- ETH/USD has suffered knockback by a known supply area, tracking from $485-480.
ETH/USD 60-minute chart
Spot rate: 474.81
Relative change: +0.70%
High: 484.87
Low: 471.88
Trend: Neutral
Support 1: 469.32, 100MA.
Support 2: 467.50, entrance to demand zone.
Support 3: 464.33, 25th July low.
Resistance 1: 476.10, 50MA.
Resistance 2: 481.00, entrance to supply zone.
Resistance 3: 485.05, potential trip top.
Share
