Ether / Dollar intraday: the downside prevails as long as 2438 is resistance
Our pivot point stands at 2438.
Our preference:
The downside prevails as long as 2438 is resistance.
Alternative scenario:
Above 2438, look for 2513 and 2557.
Comment:
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2450 and 2437).
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