ETH/USD has slightly retreated after making a high of $14.79 (25 Jun high). It is currently trading at $14.15 (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen level: $13.09 Kijun-Sen level: $15.79 Trend reversal lev…
ETH/USD has slightly retreated after making a high of $14.79 (25 Jun high). It is currently trading at $14.15 (Kraken).
Ichimoku analysis (Daily chart):
Tenkan-Sen level: $13.09
Kijun-Sen level: $15.79
Trend reversal level - (90 4H EMA)-$11.84
The long-term as well as short-term trend appears bullish for the pair. ETH/USD faces major resistance at $14.48 (38.2% retracement of $21.48 and $10.10) and any break above that level will take the pair till $14.80 (21 day MA)/ $15.10/$16.08 (Jun 22 2016).
On the downside, short-term support is seen at $13.70 (38.2% retracement of $10.10 and $16.08) and any violation below will drag the pair till $13.06 (55 day EMA)/ $12.38.
“In daily chart ETH/USD is facing strong resistance at 21 day MA. So any break above targets $15.10/$16.08”, FxWirePro said in a statement.
Pantera Capital led the financing. Fission plans to support more private-market and semi-liquid funds, while Centrifuge says its platform already offers 24/7 USDC liquidity for four institutional funds.
