Ether / Dollar intraday: target 2296
Our pivot point is at 2518.
Our preference:
Target 2296.
Alternative scenario:
Above 2518, look for 2595 and 2641.
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 below its 20 period moving average (2445) but above its 50 period moving average (2423).
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