Ethereum technical analysis: ETH/USD big barrier watched at $200
|- Ethereum price on Thursday is trading in positive territory by 0.60%.
- ETH/USD has found some daily support around the $180 mark, a breach could send the price down to $150.
- The big psychological $200 price mark is likely to act a new barrier for the bulls.
Spot rate: 188.46
Relative change: +0.60%
High: 190.24
Low: 182.86
ETH/USD daily chart
- Major daily support seen at $180 prevents the price from free-fall for now, next major support eyed at $150.
ETH/USD 60-minute chart
- Near-term price action moving within an ascending channel or a bearish flag structure, subject to a potential breakout south.
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