Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

Crypto Technicals: ETH/USD holds 21-EMA support, intraday bias neutral

ETH/USD chart - Trading View 

Exchange - Coinbase

Support: 183.89 (21-EMA); Resistance: 193.76 (21W EMA)

Technical Analysis: Bias Neutral

ETH/USD was trading at 186.15 at 06:50 GMT, up 0.81% at the time of writing after closing 2.24% lower in the previous session.

The pair trades with a neutral bias with no clear direction from technical indicators.

21W EMA (193.76) is capping upside from many weeks and break above required for any upside.

The pair finds strong support at 183.89, nearly converged 20-DMA and 21-EMA, break below will see minor weakness.

Breakout above 21W EMA (193.76) will confirm bullish bias. Next bull target lies at 23.6% Fib at 202.23 ahead of 200-DMA at 214.23.
 

By Anupama Grandhi
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.