Cryptocurrency

Ether / USD may rise to 3719 - 3767

2024-06-17

3558 is our pivot point.

Our preference

The upside prevails as long as 3558 is support.

Alternative scenario

Below 3558, expect 3478 and 3430.

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 3601 and 3577).

Supports and resistances

3862 **

3814 *

3767 **

3719

3623 last

3589

3558 **

3478 *

3430 **

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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