Ethereum technical analysis: ETH/USD bear trapped below broken support range
|- Ethereum defended the support at $170 before a shallow recovery pulled the price above $180.
- ETH/USD must reclaim position in the broken support range between $190 - $200.
Spot rate: $183.96
Relative Change: -4.18213
Open: $188.22
High: $188.26
Low: $178.41
Trend: Bearish
ETH/USD 4-hour chart
- Ethereum struggled to secure $180 support in full force amid a weak bullish momentum.
ETH/USD 1-hour chart
- ETH/USD hits oversold levels but a correction above the trendline resistance to pave way for recovery above $200.
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