Ether / USD may rise to 3530 - 3571

Our pivot point stands at 3389.

Our preference

Rebound towards 3571.

Alternative scenario

Below 3389, expect 3319 and 3278.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3447 and 3461).

Supports and resistances

3654 **

3613 *

3571 **

3530

3445 last

3416

3389 **

3319 *

3278 **

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