Cryptocurrency

Ether / USD may rise to 3919 - 3974

2024-06-07

Our pivot point stands at 3737.

Our preference

Rebound towards 3974.

Alternative scenario

Below 3737, expect 3645 and 3590.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (3810) but under its 50 period moving average (3822).

Supports and resistances

4084 **

4029 *

3974 **

3919

3810 last

3774

3737 **

3645 *

3590 **

Number of asterisks represents the strength of support and resistance levels.

Trade with Exness

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.

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