ETH/USD chart - Trading View
Exchange - Coinbase
Support: 289.81 (21-EMA); Resistance: 302.11 (23.6% Fib)
Technical Analysis: Bias neutral to slightly bearish
ETH/USD upside capped below 23.6% Fib. The pair edges lower from session highs at 301.23.
Recovery lacks traction, technical indicators are still biased lower.
RSI flat-lined, but holds above 53 levels. Momentum still bearish with Stochs sharply lower.
That said, the pair is extending price action is 'Rising Channel' pattern and price action has bounced off channel support.
'Hammer' pattern on previous days' candle raises scope for upside. Close above 5-DMA with turn in indicators should see upside resumption.
On the downside, 21-EMA is strong support. The pair is managing to hold above. Decisive breach below will see further weakness.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: GBP/USD recovers some ground but bears are not done yet
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: USD/JPY edges higher but bulls lack punch
ETH Cracks $2,100 in Bitcoin’s Wake as Bearish EMA Stack Deepens; Sellers Target $1,900 on Rallies
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
Bitcoin Cracks $75K as $1.3B ETF Exodus and Middle East Jitters Spook Bulls; Bears Eye $70K
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary 



