ETH/USD moved further down on Thursday and is trading at 9.64 levels at the time of writing (Kraken).

Ichimoku analysis (Daily chart):

Tenkan-Sen: 9.88

Kijun-Sen: 10.61

Trend reversal: 11.30 (90 EMA)

On the topside, the pair has slipped below 9.81 (10-day MA) and a break above would see it testing 10.00 (61.8% retracement of 10.37 and 9.40)/ 10.30 (November 22 high). Break above 10.30 levels would confirm minor bullishness in the pair.

On the flipside, support is seen at 9.50 levels (psychological) and a break below would drag the pair to 9.23 (Oct 29 low)/ 8.86 (113% retracement of 9.23 and 12).