Ether / USD may rise to 3016 - 3051

Our pivot point is at 2868.

Our preference

Rebound towards 3051.

Alternative scenario

Below 2868, expect 2809 and 2774.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (2910) but below its 50 period moving average (3040).

Supports and resistances

3122 **

3087 *

3051 **

3016

2936 last

2891

2868 **

2809 *

2774 **

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