Ethereum Intraday: as long as 2089 is support look for 2260

Ethereum (ETH/USD)
-20.81-0.97%
as long as 2089 is support look for 2260.
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Our pivot point stands at 2089.

Our preference: as long as 2089 is support look for 2260.

Alternative scenario: the downside breakout of 2089 would call for 2025 and 1987.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 2137 and 2126).

Supports and resistances:
2298 *
2260 **
2222
2140 last
2089 **
2025 *
1987 **

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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