Ethereum Intraday: the upside prevails as long as 2371 is support
Ethereum (ETH/USD)-30.17-0.88%
the upside prevails as long as 2371 is support.
Our pivot point is at 2371.
Our preference: the upside prevails as long as 2371 is support.
Alternative scenario: below 2371, expect 2311 and 2276.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2415 and 2414).
Supports and resistances:
2599 **
2563 *
2528 **
2492
2418 last
2395
2371 **
2311 *
2276 **
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