The pair jumped slightly from the low of USDT10.11 made yesterday (Poloniex). It is currently trading around USDT10.65 at the time of writing.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: USDT10.98

Kijun-Sen level: USDT11.17

Trend reversal level - (100 days MA) – USDT11.17

Long-term trend remains to be bearish. The pair jumped till USDT10.83 but its upside is capped by 10- day MA. Any slight jump can be seen only above that level.

Major resistance is around USDT11 (10- day MA) and any break above targets USDT11.17 (100- day MA)/USDT11.53 (21- day MA). Short-term support is seen at USDT10.11 (1.27% retracement of USDT12.40 and USDT10.329) and any break below targets USDT9.20 (200- day MA).