Cryptocurrency

Ether / USD may rise to 3956 - 4013

2024-05-29

Our pivot point is at 3763.

Our preference

Rebound towards 4013.

Alternative scenario

Below 3763, expect 3667 and 3609.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (3835) but under its 50 period moving average (3852).

Supports and resistances

4128 **

4071 *

4013 **

3956

3840 last

3802

3763 **

3667 *

3609 **

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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