Ethereum technical analysis: ETH/USD critical demand zone holds the price for now

Ethereum technical analysis: ETH/USD critical demand zone holds the price for now

Ethereum price is trading in the green, up with gains of 4.80% in the second half of the session. ETH/USD bulls are trying to escape a bearish pennant structure via the daily. The price had been consolidating over the last six sessions following the steep fall between 20-24 September.