Ken Chigbo
Independent Analyst
- Ethereum price is trading in the red by 0.00% in the session on Tuesday.
- ETH/USD is running at two consecutive sessions in the green, as the bulls attempt a rebound.
- Despite the recent bout of buying pressure, a narrow daily range remains.
ETH/USD daily chart
Bulls will need to void a bearish flag structure and break above $150, in order to regather buyer confidence.
ETH/USD 60-chart
Price action has breached a rising wedge structure, increasing vulnerabilities to greater downside.
Spot rate: 135.50
Relative change: -0.90%
High: 144.04
Low: 133.09
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