ETH/USD chart - Trading View
Exchange - Coinbase
Technical Analysis: Bias Bullish
Support: 162.51 (200H MA); Resistance: 169.05 (5-DMA)
ETH/USD was trading 0.89% higher on the day at 168.17, after closing largely muted on the previous day.
The pair has bounced off 200H MA at 162.51 and is holding above 110-EMA at 159.28.
A 'Dragonfly Doji' formation on the previous days' candle raises scope for further upside.
Major trend in the pair has shown a shift higher, while short-term moving averages have crossed over long-term MAs.
Price action is now sandwiched between 110-EMA and 200-DMA. Breakout at 200-DMA will propel the pair higher.
Next major resistance lies at 55W EMA at 197.80 ahead of 110W EMA at 209.56 and 38.2% Fib at 211.08.
On the flipside, break below 110-EMA at 159.27 will see dip till 55-EMA at 150.20. Breach below 55-EMA negates near-term bullish bias.


Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro: USD/ZAR edges lower ,investors remain on edge
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
U.S. Pushes for Crypto Regulation to Keep Digital Asset Growth at Home
Ethereum’s Healthy Correction: Bulls Eye Strategic Re-Entry at 2,150 USD Following Profit-Booking Pullback
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets 



