Cryptocurrency

Ether / USD may rise to 2748 - 2782

2024-08-13

Our pivot point is at 2626.

Our preference

The upside prevails as long as 2626 is support.

Alternative scenario

Below 2626, expect 2568 and 2534.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2641 and 2599).

Supports and resistances

2851 **

2816 *

2782 **

2748

2671 last

2648

2626 **

2568 *

2534 **

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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