Cryptocurrency

Ether / USD may rise to 2742 - 2781

2024-08-15

2612 is our pivot point.

Our preference

Rebound towards 2781.

Alternative scenario

Below 2612, expect 2546 and 2508.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (2664) but below its 50 period moving average (2698).

Supports and resistances

2859 **

2820 *

2781 **

2742

2664 last

2637

2612 **

2546 *

2508 **

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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