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ETH/USD struggles to break above 10-DMA, close above targets 14.45

ETH/USD is struggling to break above 10-day MA and is currently trading at 13.08 levels. It has hit a high of 13.30 levels so far in the day (Kraken).

Long-term trend: Bullish

Ichimoku analysis of daily chart:

Tenkan Sen: 13.28

Kijun Sen: 12.90

Trend reversal: 11.97 (90 EMA)

A break above 13.20 (10-DMA) would target 14.45 (September 20 high). Further bullishness would see the pair testing 15.03 (127.2% retracement of 14.45 and 12.30)/15.23 levels (July 22 high).

On the other hand, the pair is likely to find support at 12.52 (21 DMA) and a break below would drag it to 12.30 (September 22 low)/11.97 (90 EMA).

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