ETH/USD failed to close above 200-day MA on Thursday and is currently trading at 10.14 levels at the time of writing (Kraken).

Ichimoku analysis (Daily chart):

Tenkan-Sen: 9.33

Kijun-Sen: 9.22

On the upside, the pair faces major resistance at 10.99 levels and a consistent break above would target 11.63 (January 05 high)/12 (October 31 high).

On the flip side, the pair is likely to find support at 9.39 (90-EMA) and any violation would drag it to 8.77 (61.8% retracement of 7.01 and 11.63)/8.68 (10-DMA)/8 (21-DMA).