Ether / USD may rise to 3073 - 3109

Our pivot point is at 2946.

Our preference

As long as 2946 is support look for 3109.

Alternative scenario

Below 2946, expect 2886 and 2850.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (3005) but above its 50 period moving average (2966).

Supports and resistances

3181 **

3145 *

3109 **

3073

2994 last

2970

2946 **

2886 *

2850 **

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