Cryptocurrency

Ether / USD may fall to 2492 - 2530

2024-08-18

2658 is our pivot point.

Our preference

Eye 2492.

Alternative scenario

Above 2658, look for 2722 and 2760.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is below its 20 period moving average (2610) but above its 50 period moving average (2608).

Supports and resistances

2760 **

2722 *

2658 **

2633

2608 last

2530

2492 **

2454 *

2416 **

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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