Ethereum Intraday: rebound towards 1923
Ethereum (ETH/USD)-48.64-2.55%
rebound towards 1923.

Our pivot point stands at 1838.
Our preference: rebound towards 1923.
Alternative scenario: the downside breakout of 1838 would call for 1812 and 1796.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1871 and 1885).
Supports and resistances:
1939 *
1923 **
1907
1861 last
1838 **
1812 *
1796 **
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