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.


NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro: USD/ZAR sell bias remains below key resistance zone
Ethereum Cracks Below $2,000 as Bitcoin Contagion Bites—Bearish EMA Stack Sets Sights on $1,700
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD recovers some ground but bears are not done yet
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
Bitcoin Buckles at $73,500: Middle East Tensions and Weak Institutional Demand Set Bearish EMA Stack on $70K Collision Course 



