ETH/USD seems to have taken support near 10.40 levels and is currently trading at 10.57 levels at the time of writing (Kraken).

Ichimoku analysis (Daily chart):

Tenkan-Sen: 10.40

Kijun-Sen: 9.79

On the upside, the pair is facing immediate resistance at 10.65 (7-DMA) and a break above would see it running into strong resistance at 10.77 levels (200-DMA). A consistent break above 200-DMA would then target 11.19 (January 23 high)/ 11.63 (January 05 high).

On the flip side, the pair has taken support near 10.41 levels (38.2% retracement of 9.16 and 11.19) and any violation would drag it to 10.24 (21-DMA)/ 9.93 (61.8% retracement of 9.16 and 11.19).