Ethereum Intraday: the upside prevails as long as 1955 is support
Ethereum (ETH/USD)
+34.12+1.66%
the upside prevails as long as 1955 is support.
1955 is our pivot point.
Our preference: the upside prevails as long as 1955 is support.
Alternative scenario: the downside breakout of 1955 would call for 1901 and 1868.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1993 and 1985).
Supports and resistances:
2169 **
2137 *
2104 **
2072
2006 last
1977
1955 **
1901 *
1868 **
Our preference: the upside prevails as long as 1955 is support.
Alternative scenario: the downside breakout of 1955 would call for 1901 and 1868.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1993 and 1985).
Supports and resistances:
2169 **
2137 *
2104 **
2072
2006 last
1977
1955 **
1901 *
1868 **
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