Ether / USD may rise to 3185 - 3225

Our pivot point stands at 3038.

Our preference

As long as 3038 is support look for 3225.

Alternative scenario

Below 3038, expect 2971 and 2932.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3100 and 3081).

Supports and resistances

3305 **

3265 *

3225 **

3185

3105 last

3064

3038 **

2971 *

2932 **

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