Ethereum technical analysis: ETH/USD vulnerabilities remain largely tilted to the downside
|- Ethereum price in the second half of Monday, holding losses of some 1.30%.
- ETH/USD like some of its peers is moving within a bearish pennant via the daily view..
- There is psychological support at the $200 mark, in confluence to the lower acting trend line of the pennant.
Spot rate: 206.48
Relative change: -0.75%
High: 215.11
Low: 205.89
ETH/USD 60-minute chart
- A near-term bearish flag is seen via to 60-minute, which is observed across the board with a number of its peers.
ETH/USD daily chart
- A bearish technical pennant is subject to a potential breakout to the downside.
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