ETHUSD gained momentum after Ark Invest/21 shares changed their ETH ETF framework. It hit a high of $2444 at the time of writing and is currently trading around $2419.
Markets awaiting the launch of the ERC-404 token for further direction.
The intraday bullishness can be seen if it breaks above $2400. On the higher side, the near-term resistance is $2400. Any break above the target $2450/$2500. Significant bullish continuation only above $2700.
The immediate support is around $2340. Any intraday break below will drag the pair to $2300/$2225/$2165/$2100.Any breach below $2100 confirms bearish continuation. A dip to $2000/$1900 is possible. A violation below $1870 will drag the Ethereum to $1500.
It is good to buy on dips around $2350 with SL around $2290 for TP of $2700.


NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD steadies ahead of ECB meeting
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro: USD/ZAR bears maintain upper hand 



