FxWirePro- Major Crypto levels and bias summary 
Ethereum Cracks Below $2,000 as Bitcoin Contagion Bites—Bearish EMA Stack Sets Sights on $1,700 
FxWirePro: EUR/AUD downward momentum remains in place 
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level 
FxWirePro- Major Crypto levels and bias summary 
Ether Breaks Below $2,100: Triple EMA “Sell-the-Rally” Setup Targets $1,900 
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar 
ETH Cracks $2,100 in Bitcoin’s Wake as Bearish EMA Stack Deepens; Sellers Target $1,900 on Rallies 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
ETHUSD traded higher after the US CPI data.It hit a high of $2957 at the time of writing and is currently trading around $2943.47.
Core CPI came in at 0.30% m/m in line with the estimate of 0.30%. US core CPI YoY rose 3.60% in Apr from 3.8% the previous month, in line with the forecast.
The intraday bullishness is possible if it holds above $3000. On the higher side, the near-term resistance is $3000. Any significant jump above the target is $3200/ $3300/$3360/$3400/$3500/$3620/$3700/$3800/$4000. Significant bullish continuation only above $4800.
The immediate support is around $2800. Any breach below $2800 confirms bearish continuation. A dip to $2700/$2500 is possible. A violation below $2500 will drag the Ethereum to $2300/$2000.
It is good to buy on dips around $2800 with SL around $2500 for TP of $4000.
