Ethereum Intraday: rebound towards 2848
Ethereum (ETH/USD)+50.99+1.97%
rebound towards 2848.

Our pivot point is at 2680.
Our preference: rebound towards 2848.
Alternative scenario: the downside breakout of 2680 would call for 2617 and 2580.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (2720) but below its 50 period moving average (2748).
Supports and resistances:
2922 **
2885 *
2848 **
2810
2729 last
2704
2680 **
2617 *
2580 **
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