Cryptocurrency

Ether / USD may fall to 3026 - 3067

2024-08-02

Our pivot point stands at 3206.

Our preference

The downside prevails as long as 3206 is resistance.

Alternative scenario

Above 3206, look for 3274 and 3314.

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 3164 and 3159).

Supports and resistances

3314 **

3274 *

3206 **

3179

3152 last

3067

3026 **

2986 *

2946 **

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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