Ethereum Intraday: the downside prevails as long as 1925 is resistance
Ethereum (ETH/USD)-51.37-2.68%
the downside prevails as long as 1925 is resistance.

Our pivot point is at 1925.
Our preference: the downside prevails as long as 1925 is resistance.
Alternative scenario: the upside breakout of 1925, would call for 1977 and 2008.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1913 and 1942).
Supports and resistances:
2008 **
1977 *
1925 **
1905
1884 last
1790
1760 **
1730 *
1699 **
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.