ETH/USD has hit 13.47 levels so far in the day and looking to break above the previous high of 13.50 levels (Kraken).

Long-term trend: Bullish

Short-term trend: Bullish

Ichimoku analysis of daily chart:

Tenkan Sen: 13.10

Kijun Sen: 12.90

Trend reversal: 12.15 (90 EMA)

On the topside, a break above 13.50 levels (September 28 high) will see a jump till 14.45 levels (September 20 high). Thereafter, further strength will see the pair targeting 15.03 (127.2% retracement of 14.45 and 12.30)/15.23 (July 22 high).

On the flipside, support is seen at 13.00 levels (21-DMA) and a break below would drag the pair to 12.50 (psychological level)/12.30 (September 22 low).