Ether / Dollar intraday: target 3171
Our pivot point stands at 3374.
Our preference: target 3171.
Alternative scenario: above 3374, look for 3447 and 3490.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (3318) but above its 50 period moving average (3295).
Supports and resistances:
3490 **
3447 *
3374 **
3345
3312 last
3214
3171 **
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