Ethereum Intraday: Watch 2,357

Ethereum (ETH/USD)
+118.09+5.15%
The upside prevails as long as 2,289 is support, with 2,357 and 2,375 as targets
image
Our pivot point is at 2,289.

Our preference: The upside prevails as long as 2,289 is support, with 2,357 and 2,375 as targets

Alternative scenario: below 2,289, expect 2,258 and 2,240.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 2,309 and 2,291).

Supports and resistances:
2,393 *
2,375 **
2,357
2,313 last
2,289 **
2,258 *
2,240 **

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.
goTop
quote