ETH/USD has taken support near 55-EMA and is currently trading at 9.60 levels at the time of writing (Kraken).
Ichimoku analysis (Daily chart):
Tenkan-Sen:10.36
Kijun-Sen: 9.32
On the upside, the pair is struggling to close above 9.81 (100-DMA). A consistent break above this level would see it testing 10.16 (10-DMA)/10.87 (200-DMA).
On the flip side, the pair has taken support near 9.10 (55-EMA) and a break below would drag it to 8.77 (61.8% retracement of 7.01 and 11.63)/8.50 / 8.00 (78.6% retracement of 7.01 and 11.63).


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