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Ether / Dollar intraday: rebound towards 3217

2024-07-12
480

3029 is our pivot point.

Our preference: rebound towards 3217.

Alternative scenario: the downside breakout of 3029 would call for 2962 and 2922.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3092 and 3117).

Supports and resistances:

3296 **

3257 *

3217 **

3177

3082 last

3055

3029 **

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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