Ethereum Intraday: as long as 2327 is support look for 2470

2327 is our pivot point.

Our preference: as long as 2327 is support look for 2470.

Alternative scenario: the downside breakout of 2327 would call for 2274 and 2242.

Comment: the RSI is trading above 70. This could mean that either the price is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2360 and 2340).

Supports and resistances:
2502 *
2470 **
2438
2374 last
2327 **
2274 *
2242 **