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  • Ethereum price on Tuesday is trading in negative territory by 0.50%.
  • ETH/USD price action is narrowing extremely within a bearish pennant structure.  
  • The range to the downside is seen at $185, to the upside $190; lower highs are being observed and higher lows.  


Spot rate:                   187.60

Relative change:       -0.50%

High:                          189.04

Low:                           184.62

ETH/USD daily chart

  • The price is moving within a narrowing pennant formation via the daily.  

ETH/USD 60-minute chart

  • Price action via the 60-minute chart view is producing lower highs and higher lows, subject to a breakout of the range.