Cryptocurrency

Ether / USD may rise to 2501 - 2528

2024-10-12

Our pivot point is at 2410.

Our preference

As long as 2410 is support look for 2528.

Alternative scenario

The downside breakout of 2410 would call for 2363 and 2336.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 2443 and 2434).

Supports and resistances

2583 **

2556 *

2528 **

2501

2446 last

2428

2410 **

2363 *

2336 **

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

Introduction to Tradingtop Site


Return to All Articles