Ethereum Intraday: target 2321
Ethereum (ETH/USD)
-0.81-0.03%
target 2321.
Our pivot point stands at 2491.
Our preference: target 2321.
Alternative scenario: above 2491, look for 2557 and 2596.
Comment: the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (2445) but above its 50 period moving average (2429).
Supports and resistances:
2596 **
2557 *
2491 **
2465
2439 last
2360
2321 **
2281 *
2242 **
Our preference: target 2321.
Alternative scenario: above 2491, look for 2557 and 2596.
Comment: the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (2445) but above its 50 period moving average (2429).
Supports and resistances:
2596 **
2557 *
2491 **
2465
2439 last
2360
2321 **
2281 *
2242 **
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