Ethereum Price Analysis: ETH/USD at risk of a potential bear flag

Ethereum Price Analysis: ETH/USD at risk of a potential bear flag

Ethereum price is trading in the red by 3.60% in the session on Friday. ETH/USD price action is flirting with the breached top area around $177-175. The bulls managed to push to the highest level since mid-November 2019. Price action is moving within an ascending channel structure via the weekly chart view, also viewable as a bearish flag.