Cryptocurrency

Ether / USD may rise to 2693 - 2722

2024-10-17

Our pivot point stands at 2591.

Our preference

The upside prevails as long as 2591 is support.

Alternative scenario

Below 2591, expect 2542 and 2512.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2624 and 2620).

Supports and resistances

2781 **

2752 *

2722 **

2693

2633 last

2611

2591 **

2542 *

2512 **

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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