Ether / USD may rise to 3068 - 3104

Our pivot point is at 2940.

Our preference

The upside prevails as long as 2940 is support.

Alternative scenario

Below 2940, expect 2879 and 2844.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2978 and 2955).

Supports and resistances

3176 **

3140 *

3104 **

3068

2987 last

2963

2940 **

2879 *

2844 **

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