Ethereum Intraday: rebound towards 3215

Ethereum (ETH/USD)
+36.59+1.22%
rebound towards 3215.
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Our pivot point stands at 3003.

Our preference: rebound towards 3215.

Alternative scenario: the downside breakout of 3003 would call for 2925 and 2878.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3077 and 3090).

Supports and resistances:
3308 **
3261 *
3215 **
3168
3073 last
3033
3003 **
2925 *
2878 **

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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