Ether / USD may rise to 3536 - 3578

3387 is our pivot point.

Our preference

Rebound towards 3578.

Alternative scenario

The downside breakout of 3387 would call for 3318 and 3276.

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 stands above its 20 period moving average (3446) but below its 50 period moving average (3452).

Supports and resistances

3661 **

3619 *

3578 **

3536

3447 last

3414

3387 **

3318 *

3276 **

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