Ethereum Intraday: the upside prevails as long as 2083 is support
Ethereum (ETH/USD)
+1.59+0.08%
the upside prevails as long as 2083 is support.
Our pivot point stands at 2083.
Our preference: the upside prevails as long as 2083 is support.
Alternative scenario: the downside breakout of 2083 would call for 2051 and 2032.
Comment: the RSI is above 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 2105 and 2109).
Supports and resistances:
2195 *
2176 **
2157
2117 last
2083 **
2051 *
2032 **
Our preference: the upside prevails as long as 2083 is support.
Alternative scenario: the downside breakout of 2083 would call for 2051 and 2032.
Comment: the RSI is above 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 2105 and 2109).
Supports and resistances:
2195 *
2176 **
2157
2117 last
2083 **
2051 *
2032 **
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