Cryptocurrency

Ether / USD may rise to 3226 - 3264

2024-07-05

Our pivot point stands at 3087.

Our preference

Rebound towards 3264.

Alternative scenario

Below 3087, expect 3023 and 2986.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (3134) but below its 50 period moving average (3197).

Supports and resistances

3339 **

3302 *

3264 **

3226

3136 last

3111

3087 **

3023 *

2986 **

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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