Market Analysis of Ethereum on Wednesday 12 January 2022

2022-01-12 09:55Source:BtcDana

Ether / Dollar intraday: the upside prevails as long as 3156 is support

 

Our pivot point stands at 3156.

 

Our preference:

The upside prevails as long as 3156 is support.

 

Alternative scenario:

Below 3156, expect 3055 and 2994.

 

Comment:

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 3174 and 3127).


Analyst Views Chart


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