- Ethereum price is trading in negative territory, nursing losses of some 1.70% on Friday.
- ETH/USD is seeing a lack of direction, no commitment at present.
- The price is moving within a bearish pennant via the daily, as seen with some of its peers.
Spot rate: 215.61
Relative change: -1.63%
ETH/USD 60-minute chart
- Near-term ascending trend line is being tested to the downside by the bears via 60-minute chart.
ETH/USD daily chart
- Price action via the daily is stuck within the confinements of a bearish pennant.