Ether / USD may rise to 3186 - 3226

Our pivot point is at 3028.

Our preference

The upside prevails as long as 3028 is support.

Alternative scenario

Below 3028, expect 2961 and 2922.

Comment

The RSI is above 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 3063 and 3069). Finally, the Ether / Dollar has crossed above its upper Bollinger band (3090).

Supports and resistances

3306 **

3266 *

3226 **

3186

3094 last

3054

3028 **

2961 *

2922 **

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