Ethereum Intraday: the upside prevails as long as 2993 is support
Ethereum (ETH/USD)
+4.21+0.14%
the upside prevails as long as 2993 is support.
Our pivot point stands at 2993.
Our preference: the upside prevails as long as 2993 is support.
Alternative scenario: below 2993, expect 2915 and 2869.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3019 and 3020).
Supports and resistances:
3292 **
3245 *
3199 **
3152
3054 last
3024
2993 **
2915 *
2869 **
Our preference: the upside prevails as long as 2993 is support.
Alternative scenario: below 2993, expect 2915 and 2869.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3019 and 3020).
Supports and resistances:
3292 **
3245 *
3199 **
3152
3054 last
3024
2993 **
2915 *
2869 **
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