Ethereum Price Analysis: ETH/USD drifts towards the lower boundary of the recent consolidation range
ETH/USD is moving inside a wide range with a bearish bias. The critical support is created by the lowest level since May 11. Ethereum (ETH) is changing hands at $206.50. The coin has recovered from the intraday low of $203.74; however, it is still 1.5% lower from the start of the day.