- Ethereum price is trading in the red, down 4.50% the session on Thursday.
- ETH/USD price action is moving within a bearish flag structure via the daily.
- The price is largely capped by resistance heading into the $180 mark.
ETH/USD daily chart
Price action is limited to the upside, the bulls continue to have problems with supply heading into the $180 mark.
ETH/USD 60-minute chart
The price is moving within a rising channel structure, subject to a potential breakout south.
Spot rate: 172.78
Relative change: -4.50%
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