Ethereum Intraday: the upside prevails as long as 2751 is support
Feb 4, 2025 2:02 PM
the upside prevails as long as 2751 is support.
Our pivot point is at 2751.
Our preference:
the upside prevails as long as 2751 is support.
Alternative scenario:
below 2751, expect 2687 and 2649.
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 trading above both its 20 and 50 period moving average (respectively at 2746 and 2758).
Supports and resistances:
2991 **
2953 *
2915 **
2877
2801 last
2776
2751 **
2687 *
2649 **
Our preference:
the upside prevails as long as 2751 is support.
Alternative scenario:
below 2751, expect 2687 and 2649.
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 trading above both its 20 and 50 period moving average (respectively at 2746 and 2758).
Supports and resistances:
2991 **
2953 *
2915 **
2877
2801 last
2776
2751 **
2687 *
2649 **
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