Cryptocurrency

Ether / USD may rise to 3980 - 4038

2024-05-28

3782 is our pivot point.

Our preference

Rebound towards 4038.

Alternative scenario

Below 3782, expect 3685 and 3627.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (3857) but below its 50 period moving average (3891).

Supports and resistances

4154 **

4096 *

4038 **

3980

3863 last

3821

3782 **

3685 *

3627 **

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.

Author：