# Crypto Technicals: ETH/USD grinds higher, on track to test 38.2% Fib at 211.08

By Anupama Grandhi

Canonical URL: https://www.tokenpost.com/news/investing/4986
Published: 2020-02-03T06:34:34.000Z
Updated: 2020-02-03T06:34:34.000Z
Section: Investing

> Support: 174.78 (200-DMA); Resistance: 211.08 (38.2% Fib)

[ETH/USD](<https://www.tradingview.com/symbols/ETHUSD/>) chart - Trading View

Exchange - Coinbase

Technical Analysis: Bias Bullish

Support: 174.78 (200-DMA); Resistance: 211.08 (38.2% Fib)

ETH/USD is extending gains above $190 mark, scope for further upside.

The pair was trading 1.82% higher on the day at 191.71 at around 05:30 GMT.

Momentum with the bulls, Stochs and RSI are biased higher. MACD and ADX supports gains.

Volatility is rising, the pair is extending gains above 200-DMA. Overbought oscillators may cause some correction.

55W EMA is strong resistance at 197.21. Break above will see upside continuation.

Next major bull target lies at 38.2% Fib at 211.08. 5-DMA is immediate support at 185.47. Retrace below 200-DMA (174.78) negates near-term upside bias.

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## Links in this article

- [ETH/USD](https://www.tradingview.com/symbols/ETHUSD/)
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