Ethereum Intraday: the upside prevails as long as 2898 is support
Ethereum (ETH/USD)
-9.91-0.34%
the upside prevails as long as 2898 is support.
Our pivot point stands at 2898.
Our preference: the upside prevails as long as 2898 is support.
Alternative scenario: the downside breakout of 2898 would call for 2830 and 2789.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2944 and 2935).
Supports and resistances:
3156 **
3115 *
3074 **
3034
2952 last
2925
2898 **
2830 *
2789 **
Our preference: the upside prevails as long as 2898 is support.
Alternative scenario: the downside breakout of 2898 would call for 2830 and 2789.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2944 and 2935).
Supports and resistances:
3156 **
3115 *
3074 **
3034
2952 last
2925
2898 **
2830 *
2789 **
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