Ether / USD may rise to 3167 - 3207

Our pivot point stands at 3023.

Our preference

The upside prevails as long as 3023 is support.

Alternative scenario

Below 3023, expect 2957 and 2917.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3045 and 3018).

Supports and resistances

3286 **

3247 *

3207 **

3167

3077 last

3049

3023 **

2957 *

2917 **

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