Ethereum Short Term: as long as 3700 is support look for 5737
Ethereum (ETH/USD)
+1.79+0.04%
as long as 3700 is support look for 5737.
3700 is our pivot point.
Our preference: as long as 3700 is support look for 5737.
Alternative scenario: below 3700, expect 2963 and 2525.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (4434) but above its 50 period moving average (4164).
Supports and resistances:
6636 **
6186 *
5737 **
5287
4359 last
3990
3700 **
2963 *
2525 **
Our preference: as long as 3700 is support look for 5737.
Alternative scenario: below 3700, expect 2963 and 2525.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (4434) but above its 50 period moving average (4164).
Supports and resistances:
6636 **
6186 *
5737 **
5287
4359 last
3990
3700 **
2963 *
2525 **
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