Ethereum Intraday: the upside prevails as long as 1568 is support
Ethereum (ETH/USD)
+0.18+0.01%
the upside prevails as long as 1568 is support.
Our pivot point is at 1568.
Our preference: the upside prevails as long as 1568 is support.
Alternative scenario: below 1568, expect 1540 and 1524.
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 1575 and 1575).
Supports and resistances:
1658 *
1642 **
1625
1589 last
1568 **
1540 *
1524 **
Our preference: the upside prevails as long as 1568 is support.
Alternative scenario: below 1568, expect 1540 and 1524.
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 1575 and 1575).
Supports and resistances:
1658 *
1642 **
1625
1589 last
1568 **
1540 *
1524 **
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