Market Overview

ETH/USD Consolidating Following The Big Bull Range Breakout

ETH/USD Consolidating Following The Big Bull Range Breakout
  • Ethereum price is trading in the red marginally, down 0.60% the session on Thursday.
  • ETH/USD is moving within consolidation mode following the strong range brekaout on Wednesday. 
  • The next major area of attraction for the bulls will likely be the pychological $200 mark.

ETH/USD daily chart

The next barrier for the bulls to tackle is seen at the range of $200-205, the price may first be subject to a retest of the breached two-week range, down at $180.

ETH/USD 60-minute chart

Important 60-minute support is observed at the $188 mark, failure to hold will invite a near-term wave of selling pressure.

Spot rate:                  191.79

Relative change:      -0.60%

High:                         194.86

Low:                          187.71

Image Sourced from Pixabay

Posted-In: Bitcoin crypto marketCryptocurrency News Forex Global Markets General


Related Articles

View Comments and Join the Discussion!
Fastest Market News Application
You'll Hear It First On Pro
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Lowell Herb Appoints Stacey Hallerman As CAO, General Counsel

GBP/USD: Sterling Surging Ahead Of Last-Minute Brexit Talks