ETH/EUR pair has broken previous high of 19.62 and hits new all-time high at 25.52 at the time of writing. ETH/EUR is trading higher and any minor weakness can be seen only below 15 levels (KRAKEN). It is currently trading around 26.17 at the time of writing.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: 18.45

Kijun-Sen level: 16.59

Major Trend reversal level - (daily Kijun-Sen) – 16.59

Long-term trend remains to be bullish. ETH/EUR hits all-time high and a further jump till 26.13/26.83 likely.

The major resistance is around 26.13 (113% retracement of 25.54 and 20.54) and any break above targets 26.83 (261.8% retracement of 19.62 and 15.15). Short term support is seen at 23 (23.6% retracement of 15.15 and 25.52) and any break below will drag the pair till 19.62 (resistance turned into support)/14.25 (38.2% retracement of 19.62 and 5.58).