Ether / Dollar intraday: as long as 2748 is support look for 2878
Our pivot point is at 2748.
Our preference: as long as 2748 is support look for 2878.
Alternative scenario: the downside breakout of 2748 would call for 2697 and 2667.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (2790) but above its 50 period moving average (2769).
Supports and resistances:
2938 **
2908 *
2878 **
2848
2788 last
2768
2748 **
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