- Ethereum price on Friday is trading marginally in the green, holding very minor gains of 1%.
- ETH/USD continues to consolidate just above the breached bull flag formation.
- The next major area to tackle would be $170-180 price region, for greater upside potential.
Spot rate: 173.19
Relative change: +1.05%
ETH/USD 60-minute chart
- Price action is narrowing within a range-block formation, subject to a near-term breakout.
ETH/USD daily chart
- Bulls are moving within the confinements of a pennant structure, subject to a breakout.