Cryptocurrency

Ether / USD may rise to 3367 - 3410

2024-07-31

Our pivot point is at 3227.

Our preference

Rebound towards 3410.

Alternative scenario

The downside breakout of 3227 would call for 3156 and 3114.

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 (3280) but below its 50 period moving average (3307).

Supports and resistances

3494 **

3452 *

3410 **

3367

3283 last

3255

3227 **

3156 *

3114 **

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

Trade with Exness

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

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