Ethereum Intraday: rebound towards 3478
Jan 16, 2025 8:50 PM
rebound towards 3478.
Our pivot point is at 3269.
Our preference:
rebound towards 3478.
Alternative scenario:
the downside breakout of 3269 would call for 3192 and 3146.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (3333) but under its 50 period moving average (3366).
Supports and resistances:
3571 **
3525 *
3478 **
3432
3335 last
3300
3269 **
3192 *
3146 **
Our preference:
rebound towards 3478.
Alternative scenario:
the downside breakout of 3269 would call for 3192 and 3146.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (3333) but under its 50 period moving average (3366).
Supports and resistances:
3571 **
3525 *
3478 **
3432
3335 last
3300
3269 **
3192 *
3146 **
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Ethereum
3411.87
139.65
+4.27%