Cryptocurrency

Ether / USD may fall to 2921 - 2957

2024-07-07

Our pivot point is at 3084.

Our preference

The downside prevails as long as 3084 is resistance.

Alternative scenario

Above 3084, look for 3146 and 3182.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3052 and 3034).

Supports and resistances

3182 **

3146 *

3084 **

3060

3030 last

2957

2921 **

2885 *

2848 **

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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