Ethereum Intraday: the upside prevails as long as 2590 is support
Oct 1, 2024 8:42 AM
the upside prevails as long as 2590 is support.
2590 is our pivot point.
Our preference:
the upside prevails as long as 2590 is support.
Alternative scenario:
below 2590, expect 2523 and 2484.
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 2629 and 2619).
Supports and resistances:
2843 **
2803 *
2764 **
2724
2642 last
2616
2590 **
2523 *
2484 **
Our preference:
the upside prevails as long as 2590 is support.
Alternative scenario:
below 2590, expect 2523 and 2484.
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 2629 and 2619).
Supports and resistances:
2843 **
2803 *
2764 **
2724
2642 last
2616
2590 **
2523 *
2484 **
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Ethereum
2345.20
5.73
+0.25%