Ether / Dollar intraday: rebound towards 4489
Our pivot point stands at 4126.
Our preference:
Rebound towards 4489.
Alternative scenario:
The downside breakout of 4126 would call for 3993 and 3914.
Comment:
The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (4242) but under its 50 period moving average (4278).
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