Cryptocurrency

Ether / USD may rise to 3615 - 3660

2024-06-21

3466 is our pivot point.

Our preference

Rebound towards 3660.

Alternative scenario

The downside breakout of 3466 would call for 3390 and 3346.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (3519) but below its 50 period moving average (3546).

Supports and resistances

3750 **

3705 *

3660 **

3615

3525 last

3495

3466 **

3390 *

3346 **

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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