Ethereum Intraday: Expect 2,623
Ethereum (ETH/USD)
+19.14+0.72%
In spite of the current rebound, our pivot threshold at 2,723 has not been hit and our target remains 2,597
Our pivot point is at 2,723.
Our preference: In spite of the current rebound, our pivot threshold at 2,723 has not been hit and our target remains 2,597
Alternative scenario: above 2,723, look for 2,767 and 2,794.
Comment: the RSI is below its neutrality area at 50. The price stands below its 20 and 50 period moving average (respectively at 2,694 and 2,690).
Supports and resistances:
2,794 **
2,767 *
2,723 **
2,687 last
2,623
2,597 **
2,571 *
Our preference: In spite of the current rebound, our pivot threshold at 2,723 has not been hit and our target remains 2,597
Alternative scenario: above 2,723, look for 2,767 and 2,794.
Comment: the RSI is below its neutrality area at 50. The price stands below its 20 and 50 period moving average (respectively at 2,694 and 2,690).
Supports and resistances:
2,794 **
2,767 *
2,723 **
2,687 last
2,623
2,597 **
2,571 *
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