Cryptocurrency

Ether / USD may rise to 3145 - 3185

2024-07-10

Our pivot point stands at 3013.

Our preference

As long as 3013 is support look for 3185.

Alternative scenario

The downside breakout of 3013 would call for 2947 and 2908.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 3063 and 3064).

Supports and resistances

3264 **

3224 *

3185 **

3145

3066 last

3040

3013 **

2947 *

2908 **

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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