Ethereum Intraday: the upside prevails as long as 2047 is support
Ethereum (ETH/USD)
-10.98-0.52%
the upside prevails as long as 2047 is support.
Our pivot point stands at 2047.
Our preference: the upside prevails as long as 2047 is support.
Alternative scenario: the downside breakout of 2047 would call for 1984 and 1947.
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 2063 and 2052).
Supports and resistances:
2251 *
2214 **
2177
2100 last
2047 **
1984 *
1947 **
Our preference: the upside prevails as long as 2047 is support.
Alternative scenario: the downside breakout of 2047 would call for 1984 and 1947.
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 2063 and 2052).
Supports and resistances:
2251 *
2214 **
2177
2100 last
2047 **
1984 *
1947 **
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