Ethereum Intraday: rebound towards 2822
Ethereum (ETH/USD)
-53.04-1.96%
rebound towards 2822.
Our pivot point stands at 2679.
Our preference: rebound towards 2822.
Alternative scenario: the downside breakout of 2679 would call for 2626 and 2594.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2744 and 2811).
Supports and resistances:
2885 **
2854 *
2822 **
2790
2722 last
2700
2679 **
2626 *
2594 **
Our preference: rebound towards 2822.
Alternative scenario: the downside breakout of 2679 would call for 2626 and 2594.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2744 and 2811).
Supports and resistances:
2885 **
2854 *
2822 **
2790
2722 last
2700
2679 **
2626 *
2594 **
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