Ethereum Intraday: the downside prevails as long as 3529 is resistance
Dec 26, 2024 3:05 AM
the downside prevails as long as 3529 is resistance.
3529 is our pivot point.
Our preference:
the downside prevails as long as 3529 is resistance.
Alternative scenario:
the upside breakout of 3529, would call for 3617 and 3669.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3472 and 3479).
Supports and resistances:
3669 **
3617 *
3529 **
3494
3453 last
3348
3296 **
3244 *
3191 **
Our preference:
the downside prevails as long as 3529 is resistance.
Alternative scenario:
the upside breakout of 3529, would call for 3617 and 3669.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3472 and 3479).
Supports and resistances:
3669 **
3617 *
3529 **
3494
3453 last
3348
3296 **
3244 *
3191 **
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Ethereum
3314.50
-20.04
-0.60%