Cryptocurrency

Ether / USD may rise to 3466 - 3509

2024-06-29

3323 is our pivot point.

Our preference

Rebound towards 3509.

Alternative scenario

The downside breakout of 3323 would call for 3251 and 3208.

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 (3379) but under its 50 period moving average (3403).

Supports and resistances

3595 **

3552 *

3509 **

3466

3381 last

3351

3323 **

3251 *

3208 **

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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