Cryptocurrency

Ether / USD may rise to 3900 - 3957

2024-06-01

Our pivot point is at 3706.

Our preference

The upside prevails as long as 3706 is support.

Alternative scenario

Below 3706, expect 3611 and 3554.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3770 and 3769).

Supports and resistances

4071 **

4014 *

3957 **

3900

3782 last

3744

3706 **

3611 *

3554 **

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