Cryptocurrency

Ether / USD may fall to 2552 - 2582

2024-10-22

Our pivot point stands at 2681.

Our preference

The downside prevails as long as 2681 is resistance.

Alternative scenario

Above 2681, look for 2731 and 2760.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2660 and 2685).

Supports and resistances

2760 **

2731 *

2681 **

2661

2641 last

2582

2552 **

2523 *

2493 **

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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