FxWirePro: ETH/EUR facing resistance at 76.4% fibo, good to buy on dips
ETH/EUR is seen trading below in red on Friday. The pair has once again shown a mild decline after jump till 10.08 yesterday (KRAKEN). It is currently trading at 10.00 at the time of writing. Ichimoku analysis of daily c…
ETH/EUR is seen trading below in red on Friday. The pair has once again shown a mild decline after jump till 10.08 yesterday (KRAKEN). It is currently trading at 10.00 at the time of writing.
Ichimoku analysis of daily chart indicates:
Tenkan-Sen level: 9.906
Kijun-Sen level: 9.5196
Minor trend reversal level- 11.12 (76.4% retracement of 12.84 and 5.58)
Major Trend reversal level - (60 day EMA) – 9.18
Long-term trend remains to be neutral. ETH/EUR faces strong resistance at 76.4% fibo level and any minor bullishness only above that level.
The major resistance is around 10.42 (76.4% retracement of 10.95 and 8.64) and any break above that level will take the pair till 10.95 (Jan 5th high)/11.12 (76.4% retracement of 12.84 and 5.58). Short-term support is seen at 9.76 (21- day MA) and any break below will drag the pair till 9.53 (30- day EMA)/9.21 (60- day EMA)/8.64 (Jan 12th, 2017 low).
The service is intended for corporate and institutional clients. Deutsche Bank says availability depends on regulatory completion and technical readiness.
Upbit, South Korea’s largest cryptocurrency exchange by trading volume and user base, has announced plans to delist Zilliqa (ZIL) and Sophon (SOPH) in November 2026. The decision comes as the exchange continues reviewing…
