Ether / Dollar intraday: the downside prevails as long as 2968 is resistance
Our pivot point stands at 2968.
Our preference:
The downside prevails as long as 2968 is resistance.
Alternative scenario:
Above 2968, look for 3059 and 3113.
Comment:
The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2909 and 2917).
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