Market Analysis of Ethereum on Wednesday 2 March 2022

2022-03-02 09:55Source:BtcDana

Ether / Dollar intraday: as long as 2885 is support look for 3147

 

Our pivot point stands at 2885.

 

Our preference:

As long as 2885 is support look for 3147.

 

Alternative scenario:

Below 2885, expect 2793 and 2737.

 

Comment:

The RSI is above 50. The MACD is below its signal line and positive. the price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2953 and 2923).


Analyst Views Chart


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