Ether / USD may rise to 3057 - 3093

Our pivot point is at 2935.

Our preference

Rebound towards 3093.

Alternative scenario

The downside breakout of 2935 would call for 2875 and 2839.

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 2990 and 3023).

Supports and resistances

3164 **

3129 *

3093 **

3057

2984 last

2959

2935 **

2875 *

2839 **

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