Cryptocurrency

Ether / USD may rise to 2446 - 2473

2024-10-10

2357 is our pivot point.

Our preference

Rebound towards 2473.

Alternative scenario

The downside breakout of 2357 would call for 2312 and 2285.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (2385) but under its 50 period moving average (2416).

Supports and resistances

2527 **

2500 *

2473 **

2446

2393 last

2375

2357 **

2312 *

2285 **

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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