Ken Chigbo
Independent Analyst
- Ethereum price is trading in the green by 6.15% in the session on Monday.
- ETH/USD continues to move within a very tight range, breakout looming via the daily.
- The price for the last two weeks has offered little direction, but closing in the green.
ETH/USD weekly chart
The price closed the week marginally in negative territory, as price action remains narrow. A strong range of resistance runs from $130-150.
ETH/USD daily chart
Downside risks persist for ETH/USD, the price has been moving within a bearish flag since 13 March.
Spot rate: 132.07
Relative change: +6.15%
High: 135.12
Low: 124.17
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