• Ethereum price is trading in the red, up 2.05% the session on Monday
  • ETH/USD downside momentum continues with the price running at its fourth consecutive week in the red. 
  • There is a lack of signage in a change in trend, as the price trades around the lowest levels in eight months.

 

ETH/USD weekly chart

The price is currently trading within a critical weekly zone, $160-130. Should this be breached a fast move down to $100 could come into play.

ETH/USD daily chart

Daily price action is moving within a bearish pennant structure, subject to a potential breakout south.

Spot rate:                  148.15

Relative change:      -0.80%

High:                          151.55

Low:                           147.49

ETH/USD

Overview
Today last price 148.12
Today Daily Change -2.81
Today Daily Change % -1.86
Today daily open 150.93
 
Trends
Daily SMA20 152.49
Daily SMA50 170.2
Daily SMA100 176.41
Daily SMA200 210.7
 
Levels
Previous Daily High 152.14
Previous Daily Low 146.5
Previous Weekly High 153.16
Previous Weekly Low 143.51
Previous Monthly High 194.8
Previous Monthly Low 132.49
Daily Fibonacci 38.2% 149.99
Daily Fibonacci 61.8% 148.66
Daily Pivot Point S1 147.57
Daily Pivot Point S2 144.22
Daily Pivot Point S3 141.93
Daily Pivot Point R1 153.21
Daily Pivot Point R2 155.5
Daily Pivot Point R3 158.85

 

 


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