Market Analysis of Ethereum on Wednesday 22 December 2021

2021-12-22 09:55Source:BtcDana

Ether / Dollar intraday: as long as 3901 is support look for 4238

 

Our pivot point is at 3901.

 

Our preference:

As long as 3901 is support look for 4238.

 

Alternative scenario:

The downside breakout of 3901 would call for 3776 and 3701.

 

Comment:

The RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 4003 and 3985).


Analyst Views Chart


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