ETH/USD chart - Trading View
Exchange - Coinbase
Support: 120.88 (Lower BB); Resistance: 132.11 (21-EMA)
Technical Analysis: Bias Bearish
ETH/USD was trading at 128.66, up 1.46% at 05:25 GMT, after closing 2.60% lower in the previous session.
The pair has been extending choppy trade below 21-EMA, recovery attempts remain capped below 200H MA.
Technical indicators support weakness. RSI below 50 and Stochs are biased lower. Stochastics RSI shows rollover from overbought levels.
Major trend has been bearish and resumption of weakness will see dip till lower BB at 120.88. Break below eyes 88.6% Fib at 112.96.
Immediate resistance is seen at 5-DMA at 129.11. Break above 21-EMA at 132.14 could change near-term dynamics.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro- Woodies Pivot(Major) 



