Wednesday , September 23 2020
Home / Ethereum / ETH/USD facing rejection retesting bearish penannt and $200 mark

ETH/USD facing rejection retesting bearish penannt and $200 mark

  • Ethereum value is buying and selling in destructive territory, nursing losses of some 2.60% on Friday.
  • ETH/USD is retesting a breached day by day pennant construction, failing to push above on the time of writing. 
  • The pychological $200 mark is now proving to see sellers stopping the worth push again above. 

 

Spot price:                 196.78

Relative change:      -1.63%

Excessive:                         202.96

Low:                          194.91

ETH/USD day by day chart

  • The value is retesting breached pennant construction, provide noticed on the psychological $200 mark.

ETH/USD 60-minute chart

  • Worth motion is being supported to the upside by a near-term ascending development line. 

About Tom Greenly

Check Also

Ethereum Price May Plunge To $250: Here’s What Analysts Think

KEY POINTS Ethereum drops to $340, a 28% lower from its 2020 excessive of $480 …

Bitcoin zakt richting $10.600, Ripple onder de $0,24 – Cryptonews Netherland

Na een duidelijke doorbraak van meer dan $11.000, kreeg de bitcoin-prijs weerstand in de buurt …