- Ethereum on Tuesday is trading marginally in the green, small gains of some 0.90%
- ETH/USD like many of the other major cryptocurrencies is trading within a narrowing pennant structure.
- Heavy defending can be seen at the psychological $200 price mark.
Spot rate: 212.09
Relative change: +0.66%
ETH/USD 60-minute chart
- Decent near-term demand zone is observed from $205-200 price range.
ETH/USD daily chart
- A daily pennant structure continues to contain the price within a bearish pennant.