ETH/EUR is seen soaring all-time high on Friday. The pair broken the major resistance of 56.32 and jumped sharply till 62.82 (KRAKEN). It is currently trading around 59.15 at the time of writing.

Ichimoku analysis of daily chart indicates:

Tenkan-Sen level: 50.74

Kijun-Sen level: 47.94

Major Trend reversal level - (Apr 6th low) – 38

Long-term trend remains to be bullish. ETH/EUR hits fresh all time high at 62.82 and further jump till 68.60/73 likely.

The major resistance is around 62.80 (200% projection of 38.40 and 47.80 to 44) and any break above targets 68.60 (261.8% projection of 38.40 and 47.80 to 44)/73.15 (161.8% projection of 28 and 49.48 to 38.40). Short term support is seen at 57.05 (23.6% retracement of 62.82 and 38.40) and any break below will drag the pair till 50.74 (daily Tenken-Sen)/ 47.94 (daily Kijun-Sen)/44.