Ethereum Intraday: the downside prevails as long as 2381 is resistance
Ethereum (ETH/USD)
-41.71-1.88%
the downside prevails as long as 2381 is resistance.
2381 is our pivot point.
Our preference: the downside prevails as long as 2381 is resistance.
Alternative scenario: above 2381, look for 2423 and 2449.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2376 and 2373).
Supports and resistances:
2449 **
2423 *
2381 **
2344 last
2292
2267 **
2242 *
Our preference: the downside prevails as long as 2381 is resistance.
Alternative scenario: above 2381, look for 2423 and 2449.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2376 and 2373).
Supports and resistances:
2449 **
2423 *
2381 **
2344 last
2292
2267 **
2242 *
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