- Ethereum price is trading marginally in the red, down 1.90% the session on Thursday.
- ETH/USD trading within very narrow conditions, the daily range is $180-195.
- The price continues to have difficulty trading to break down the resistance ahead of the big $200 mark.
ETH/USD weekly chart
Price action has been narrowing greatly within the last seven weeks.
ETH/USD daily chart
The price is moving within a narrowing triangular structure, subject to a breach.
Spot rate: 184.60
Relative change: -1.90%