Ethereum Intraday: Key resistance level approaches
Ethereum (ETH/USD)
+69.71+3.15%
The upside prevails as long as 2,227 is support, with 2,288 and 2,302 as targets
Our pivot point is at 2,227.
Our preference: The upside prevails as long as 2,227 is support, with 2,288 and 2,302 as targets
Alternative scenario: below 2,227, expect 2,203 and 2,189.
Comment: Prices are now close to our first target. Reaching this level could trigger a throwback. Conversely, a clear break above it could help drive the asset price higher.
Supports and resistances:
2,316 *
2,302 **
2,288
2,277 last
2,227 **
2,203 *
2,189 **
Our preference: The upside prevails as long as 2,227 is support, with 2,288 and 2,302 as targets
Alternative scenario: below 2,227, expect 2,203 and 2,189.
Comment: Prices are now close to our first target. Reaching this level could trigger a throwback. Conversely, a clear break above it could help drive the asset price higher.
Supports and resistances:
2,316 *
2,302 **
2,288
2,277 last
2,227 **
2,203 *
2,189 **
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