Ethereum Intraday: the upside prevails as long as 1778 is support
Ethereum (ETH/USD)
-13.48-0.75%
the upside prevails as long as 1778 is support.
Our pivot point is at 1778.
Our preference: the upside prevails as long as 1778 is support.
Alternative scenario: the downside breakout of 1778 would call for 1746 and 1728.
Comment: the RSI is above its neutrality area at 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 1790 and 1778).
Supports and resistances:
1878 *
1859 **
1840
1803 last
1778 **
1746 *
1728 **
Our preference: the upside prevails as long as 1778 is support.
Alternative scenario: the downside breakout of 1778 would call for 1746 and 1728.
Comment: the RSI is above its neutrality area at 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 1790 and 1778).
Supports and resistances:
1878 *
1859 **
1840
1803 last
1778 **
1746 *
1728 **
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