Cryptocurrency

Ether / USD may rise to 3881 - 3937

2024-05-30

3677 is our pivot point.

Our preference

Rebound towards 3937.

Alternative scenario

Below 3677, expect 3582 and 3526.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3780 and 3816).

Supports and resistances

4050 **

3994 *

3937 **

3881

3754 last

3714

3677 **

3582 *

3526 **

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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