ETH/USD chart - Trading View
Exchange - Coinbase
Support: 155.85 (Trendline); Resistance: 175.23 (5-DMA)
Technical Analysis: Bias Bearish
ETH/USD trades 1.51% lower on the day at 172.12 at 10:50 GMT, bias is bearish.
The pair is extending weakness after rejection at 21-EMA, slips below 5-DMA support.
Technical indicator on the intraday charts are bearishly aligned. RSI well below 50 which supports downtrend.
Volatility is rising and a potential 'Death Cross' (bearish 50-DMA crossover on 200-DMA) adds downside pressure.
Next bear target lies at 155.85 (trendline support) ahead of Apr 25th low at 146.
5-DMA is immediate resistance at 175.23. Breakout above 21-EMA (183.95) will negate near-term bearish bias.


FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: GBP/USD bulls remain cautiously optimistic
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
Ethereum’s Healthy Correction: Bulls Eye Strategic Re-Entry at 2,150 USD Following Profit-Booking Pullback
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 



