Ethereum Intraday: the upside prevails as long as 1928 is support
Ethereum (ETH/USD)
+12.10+0.61%
the upside prevails as long as 1928 is support.
Our pivot point stands at 1928.
Our preference: the upside prevails as long as 1928 is support.
Alternative scenario: the downside breakout of 1928 would call for 1875 and 1843.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1962 and 1953).
Supports and resistances:
2133 **
2101 *
2070 **
2038
1971 last
1949
1928 **
1875 *
1843 **
Our preference: the upside prevails as long as 1928 is support.
Alternative scenario: the downside breakout of 1928 would call for 1875 and 1843.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1962 and 1953).
Supports and resistances:
2133 **
2101 *
2070 **
2038
1971 last
1949
1928 **
1875 *
1843 **
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