Ether / USD may rise to 3192 - 3232

Our pivot point stands at 3053.

Our preference

The upside prevails as long as 3053 is support.

Alternative scenario

The downside breakout of 3053 would call for 2986 and 2946.

Comment

The RSI is above its neutrality area at 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 3076 and 3073).

Supports and resistances

3313 **

3272 *

3232 **

3192

3112 last

3080

3053 **

2986 *

2946 **

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