Ethereum Intraday: the downside prevails as long as 2972 is resistance
Ethereum (ETH/USD)
-16.50-0.56%
the downside prevails as long as 2972 is resistance.
Our pivot point stands at 2972.
Our preference: the downside prevails as long as 2972 is resistance.
Alternative scenario: above 2972, look for 3046 and 3091.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2941 and 2927).
Supports and resistances:
3091 **
3046 *
2972 **
2943
2906 last
2815
2771 **
2727 *
2683 **
Our preference: the downside prevails as long as 2972 is resistance.
Alternative scenario: above 2972, look for 3046 and 3091.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2941 and 2927).
Supports and resistances:
3091 **
3046 *
2972 **
2943
2906 last
2815
2771 **
2727 *
2683 **
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