Cryptocurrency

Ether / USD may rise to 3612 - 3658

2024-06-12

Our pivot point stands at 3453.

Our preference

The upside prevails as long as 3453 is support.

Alternative scenario

Below 3453, expect 3375 and 3328.

Comment

The RSI is above its neutrality area at 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 3501 and 3505).

Supports and resistances

3751 **

3705 *

3658 **

3612

3519 last

3483

3453 **

3375 *

3328 **

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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