ETH/USD seems to be trying to sustain its strength above 90 EMA. It has partially recovered losses on Friday and is currently trading at 12.00 levels (Kraken).

Long-term trend: bullish

Ichimoku analysis of daily chart:

Tenkan Sen: 10.50

Kijun Sen: 11.11

Trend reversal: 11.78 (90 EMA)

On the topside, major resistance is seen at 12.42 (100-day MA) and a break above would see the pair reaching 13.47 (78.6% retracement of 15.2392 and 7)/ 15.2392 (July 22 high).

On the reverse side, the pair seems to have taken support near 10 EMA. Further down, it will find support at 10.16 (200-day MA) and a break below would target 9.09 (61.8% retracement of 7 and 12.4795)/7.00 (August 2 low).