Cryptocurrency

Ether / USD may rise to 2494 - 2522

2024-10-09

2403 is our pivot point.

Our preference

The upside prevails as long as 2403 is support.

Alternative scenario

Below 2403, expect 2357 and 2329.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2437 and 2433).

Supports and resistances

2577 **

2549 *

2522 **

2494

2440 last

2421

2403 **

2357 *

2329 **

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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