Cryptocurrency

Ether / USD may rise to 2647 - 2684

2024-08-16

Our pivot point stands at 2522.

Our preference

Rebound towards 2684.

Alternative scenario

Below 2522, expect 2459 and 2421.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2575 and 2614).

Supports and resistances

2759 **

2722 *

2684 **

2647

2571 last

2547

2522 **

2459 *

2421 **

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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