Cryptocurrency

Ether / USD may rise to 3078 - 3282

2024-10-22

Our pivot point stands at 2350.

Our preference

The upside prevails as long as 2350 is support.

Alternative scenario

Below 2350, expect 2014 and 1815.

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 2519 and 2485).

Supports and resistances

3690 **

3486 *

3282 **

3078

2623 last

2482

2350 **

2014 *

1815 **

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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