ETH may fall 78.00 - 117.00 USD

Our preference

The downside prevails as long as 2200 is resistance.

2,305.00 Resistance ...

2,266.00 Resistance ..

2,200.00 Resistance .

2,148.00 Last

2,200.00 Pivot

2,070.00 Support .

2,031.00 Support ..

1,992.00 Support...

The RSI is below its neutrality area at 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 2164 and 2169). Finally, the Ether / Dollar has penetrated its lower Bollinger band (2150).

Alternative scenario

The upside breakout of 2200, would call for 2266 and 2305.

$ETH

ETH
ETHUSDT
2,056.97
+0.61%

#ETH🔥🔥🔥🔥🔥🔥