Ethereum Intraday: rebound towards 1848
Ethereum (ETH/USD)-55.97-3.08%
rebound towards 1848.

Our pivot point stands at 1757.
Our preference: rebound towards 1848.
Alternative scenario: below 1757, expect 1724 and 1705.
Comment: the RSI is below 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 1795 and 1804).
Supports and resistances:
1868 *
1848 **
1829
1789 last
1757 **
1724 *
1705 **
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