Ether / Dollar intraday: target 2719
Our pivot point stands at 2976.
Our preference:
Target 2719.
Alternative scenario:
Above 2976, look for 3067 and 3121.
Comment:
The RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (2919) but above its 50 period moving average (2889).
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