# FxWirePro: ETH/USD rangebound, break below trend line support likely to re-test 250 By Shampa Mani Canonical URL: https://www.tokenpost.com/news/investing/295 Published: 2018-09-04T12:34:53.000Z Updated: 2018-09-04T12:34:53.000Z Section: Investing > (Refer ETH/USD chart on Trading View) ETH/USD continues to range in a narrow range with its upside capped by 21-EMA. The pair is trading at 290 levels at the time of writing (Coinbase). On the upside, the pair faces s… (Refer [ETH/USD]() chart on Trading View) ETH/USD continues to range in a narrow range with its upside capped by 21-EMA. The pair is trading at 290 levels at the time of writing (Coinbase). On the upside, the pair faces stiff resistance at 299 (21-EMA) and a break above would see it testing 315 (4h 200-SMA)/351 (38.2% retracement of 515.88 and 250.28). On the downside, the pair is likely to find support at 273 (trend line joining 250.28 and 259.11)/ 250 (August 14 low). Bias appears neutral on the daily chart as the pair is extremely rangebound. Watch out for a break below trend line support for further downside in the pair. ## Links in this article - [ETH/USD](https://www.tradingview.com/symbols/ETHUSD/)