Tanya Abrosimova
Independent Analyst
- ETH/USD is rangebound under $140.00 handle.
- iOS users will get access to Opera’s cryptocurrency wallet.
ETH/USD has recovered from the intraday low of $37.52 to trade at $137.84 at the time of writing. The second largest coin with the market value of $14.4B has been trading in a narrow range after a steady growth on Tuesday.
What’s going on
Opera plans to build an iOS version of its cryptocurrency-dedicated browser, thus allowing iOS device users to get access to cryptocurrency wallet natively integrated with the browser.
“..after the success of our Crypto Wallet and Dapp explorer in Opera for Android, we have decided to open Opera Touch for iOS to Web 3,” the company stated.
The wallet is known as Opera Touch mainly provide seamless access to decentralized apps based on the Ethereum protocol. The similar announcement was made about Android support a couple of days ago.
Ethereum’s technical picture
Looking technically, ETH/USD is supported by $135.00 on the downside (SMA50, 4-hour chart) and psychological $140.00 strengthened by SMA100 4-hour chart. A sustainable move in either direction is likely to create a strong impulse and increase the coin's volatility.
It is also worth mentioning that $140.00 has bee limiting ETH recovery since Tuesday, while numerous attempts to take it off the way resulted in a setback. So the decisive breakthrough will create bullish settings with the next focus on $150.00.
On the downside, watch out for psychological $130.00, followed by even stronger $129.00 handle with a confluence of SMA200 and the lower boundary of Bollinger Band (4-hour).
ETH/USD, 4-hour chart
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