Ethereum Intraday: rebound
Ethereum (ETH/USD)
-5.16-0.16%
rebound.
Our pivot point stands at 3260.
Our preference: rebound.
Alternative scenario: below 3260, expect 3198 and 3162.
Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (3307) but below its 50 period moving average (3319).
Supports and resistances:
3493 **
3456 *
3420 **
3383
3310 last
3284
3260 **
3198 *
3162 **
Our preference: rebound.
Alternative scenario: below 3260, expect 3198 and 3162.
Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (3307) but below its 50 period moving average (3319).
Supports and resistances:
3493 **
3456 *
3420 **
3383
3310 last
3284
3260 **
3198 *
3162 **
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