Ethereum Technical Analysis: ETH/USD promising price behavior seen in the bulls favor, cosy cushions supporting price
|- Ethereum price seen holding modest gains in Thursday's session of 0.6%, promising near-term bullish indiciators remain intact.
- ETH/USD is well supported for further upside, a firm ascending trend line has been cushioning any downside since 12th September.
ETH/USD 60-minute chart
Relative change: +0.68%
High: 216.81
Low: 207.00
Trend: Neutral/Bullish
Support 1: 209.95, 50MA & 100MA. (60-minute).
Support 2: 205.10, ascending trend line.
Support 3: 194.00, support on 60-minute chart & consolidation area of 17-18 Sept.
Resistance 1: 215.00, resistance on 60-minute chart.
Resistance 2: 220.00, supply zone.
Resistance 3: 227.50, 15th September high.
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