Ether / USD may fall to 2579 - 2865

Our pivot point is at 3818.

Our preference

The downside prevails as long as 3818 is resistance.

Alternative scenario

Above 3818, look for 4299 and 4585.

Comment

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 stands below its 20 and 50 period moving average (respectively at 3462 and 3546).

Supports and resistances

4585 **

4299 *

3818 **

3630

3437 last

2865

2579 **

2293 *

2008 **

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