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Ethereum technical analysis: ETH/USD subject to a potential explosive breakout given daily …

Ethereum technical analysis: ETH/USD subject to a potential explosive breakout given daily narrowing

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% High: 214.54 Low: 204.09 Decent near-term demand zone is observed from $205-200 price range.







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