Ether / USD may fall to 3233 - 3275

Our pivot point is at 3422.

Our preference

The downside prevails as long as 3422 is resistance.

Alternative scenario

Above 3422, look for 3494 and 3536.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3368 and 3379).

Supports and resistances

3536 **

3494 *

3422 **

3394

3365 last

3275

3233 **

3190 *

3148 **

Number of asterisks represents the strength of support and resistance levels.