Cryptocurrency

Ether / USD may rise to 2664 - 2693

2024-10-18

Our pivot point is at 2564.

Our preference

Rebound towards 2693.

Alternative scenario

Below 2564, expect 2515 and 2486.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (2604) but below its 50 period moving average (2613).

Supports and resistances

2751 **

2722 *

2693 **

2664

2605 last

2583

2564 **

2515 *

2486 **

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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