Market Analysis of Ethereum on Tuesday 11 January 2022

2022-01-11 08:35Source:BtcDana

Ether / Dollar intraday: rebound towards 3231

 

Our pivot point is at 2956.

 

Our preference:

Rebound towards 3231.

 

Alternative scenario:

Below 2956, expect 2861 and 2804.

 

Comment:

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (3038) but under its 50 period moving average (3114).


Analyst Views Chart


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