- The price of Ethereum is exchanged with minor gains last Friday of 0.7%, being maintained for now supported by short-term upward trend lines.
- The ETH / USD remains vulnerable to returning the upside gains seen between December 16 and December 24.
ETH / USD 15-minute chart
- The ETH / USD is now saved by a short-term demand area, $ 115-116.
Spot rate: 117.05
Relative change: + 0.45%
Support 1: 116-115.00, short-term demand area (15 minutes).
Support 2: 109.58, daily support of the articulation point.
Support 3: 102.42, daily support of the articulation point.
Resistance 1: 128.97, resistance of the daily articulation point.
Resistance 2: 141.20, resistance to the daily rotation point.
Resistance 3: 148.35, resistance at the daily articulation point.
ETH / USD 60-minute chart
- Price action cooled south to a rising trend line, which was formed at the beginning of the rise on December 16th.
Daily ETH / USD chart
A short-term key upward trend line is preventing a total inversion of the bull run from December 15-24, for now.