Ether / Dollar intraday: as long as 2929 is support look for 3121
Our pivot point stands at 2929.
Our preference: as long as 2929 is support look for 3121.
Alternative scenario: the downside breakout of 2929 would call for 2855 and 2811.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (2992) but above its 50 period moving average (2963).
Supports and resistances:
3209 **
3165 *
3121 **
3076
2988 last
2959
2929 **
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