Cryptocurrency

Ether / USD may rise to 3501 - 3545

2024-07-16

3327 is our pivot point.

Our preference

The upside prevails as long as 3327 is support.

Alternative scenario

Below 3327, expect 3254 and 3211.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3369 and 3324).

Supports and resistances

3633 **

3589 *

3545 **

3501

3402 last

3356

3327 **

3254 *

3211 **

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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