- Ethereum price on Thursday is trading in negative territory, with losses of some 2.25%.
- ETH/USD story has not changed like many price action remains within a narrow pennant.
- Critical daily support is observed the psychological $200 price mark, failure to hold could be very punishing.
Spot rate: 213.87
Relative change: -2.20%
ETH/USD 60-minute chart
- ETH/USD via the 60-minute remains very much directionless, lack of committed trend.
ETH/USD daily chart
- Price action is narrowing, the upside is capped at $220, downside at $200.