Ethereum Intraday: the upside prevails as long as 1930 is support
Ethereum (ETH/USD)
+9.64+0.50%
the upside prevails as long as 1930 is support.
1930 is our pivot point.
Our preference: the upside prevails as long as 1930 is support.
Alternative scenario: the downside breakout of 1930 would call for 1876 and 1844.
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 above its 20 and 50 period moving average (respectively at 1971 and 1970).
Supports and resistances:
2138 **
2106 *
2074 **
2042
1972 last
1951
1930 **
1876 *
1844 **
Our preference: the upside prevails as long as 1930 is support.
Alternative scenario: the downside breakout of 1930 would call for 1876 and 1844.
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 above its 20 and 50 period moving average (respectively at 1971 and 1970).
Supports and resistances:
2138 **
2106 *
2074 **
2042
1972 last
1951
1930 **
1876 *
1844 **
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