Ethereum Intraday: rebound towards 2338
Ethereum (ETH/USD)
-79.76-3.47%
rebound towards 2338.
Our pivot point stands at 2220.
Our preference: rebound towards 2338.
Alternative scenario: the downside breakout of 2220 would call for 2179 and 2155.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2263 and 2277).
Supports and resistances:
2362 *
2338 **
2313
2262 last
2220 **
2179 *
2155 **
Our preference: rebound towards 2338.
Alternative scenario: the downside breakout of 2220 would call for 2179 and 2155.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2263 and 2277).
Supports and resistances:
2362 *
2338 **
2313
2262 last
2220 **
2179 *
2155 **
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