Market Analysis of Ethereum on Tuesday 8 February 2022

2022-02-08 09:50Source:BtcDana

Ether / Dollar intraday: the upside prevails as long as 3078 is support

 

Our pivot point is at 3078.

 

Our preference:

The upside prevails as long as 3078 is support.

 

Alternative scenario:

Below 3078, expect 2979 and 2920.

 

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 trading above both its 20 and 50 period moving average (respectively at 3124 and 3080).


Analyst Views Chart


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