Ethereum Intraday: Watch 2,389

Ethereum (ETH/USD)
-19.72-0.79%
The downside prevails as long as 2,491 is resistance, with 2,389 and 2,372 as targets
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Our pivot point is at 2,491.

Our preference: The downside prevails as long as 2,491 is resistance, with 2,389 and 2,372 as targets

Alternative scenario: above 2,491, look for 2,520 and 2,537.

Comment: The price stands above its 20 period moving average (2,441) but below its 50 period moving average (2,458).

Supports and resistances:
2,537 **
2,520 *
2,491 **
2,450 last
2,389
2,372 **
2,355 *

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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