Cryptocurrency

Ether / USD may rise to 2814 - 2854

2024-08-14

2682 is our pivot point.

Our preference

As long as 2682 is support look for 2854.

Alternative scenario

Below 2682, expect 2615 and 2575.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2733 and 2710).

Supports and resistances

2934 **

2894 *

2854 **

2814

2735 last

2708

2682 **

2615 *

2575 **

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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