Ethereum Intraday: the upside prevails as long as 4271 is support
Ethereum (ETH/USD)
-3.60-0.08%
the upside prevails as long as 4271 is support.
Our pivot point stands at 4271.
Our preference: the upside prevails as long as 4271 is support.
Alternative scenario: below 4271, expect 4160 and 4094.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 4320 and 4322).
Supports and resistances:
4695 **
4628 *
4562 **
4496
4363 last
4314
4271 **
4160 *
4094 **
Our preference: the upside prevails as long as 4271 is support.
Alternative scenario: below 4271, expect 4160 and 4094.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 4320 and 4322).
Supports and resistances:
4695 **
4628 *
4562 **
4496
4363 last
4314
4271 **
4160 *
4094 **
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