Market Analysis of Ethereum on Friday 21 January 2022

2022-01-21 10:55Source:BtcDana

Ether / Dollar intraday: target 3008

 

3276 is our pivot point.

 

Our preference:

Target 3008.

 

Alternative scenario:

Above 3276, look for 3376 and 3436.

 

Comment:

The RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (3204) but above its 50 period moving average (3156).


Analyst Views Chart


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