Cryptocurrency

Ether / USD may fall to 3251 - 3295

2024-07-19

Our pivot point is at 3443.

Our preference

The downside prevails as long as 3443 is resistance.

Alternative scenario

Above 3443, look for 3516 and 3559.

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 stands below its 20 and 50 period moving average (respectively at 3415 and 3425).

Supports and resistances

3559 **

3516 *

3443 **

3414

3386 last

3295

3251 **

3208 *

3165 **

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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