Ether / USD may rise to 3187 - 3227

Our pivot point is at 3047.

Our preference

As long as 3047 is support look for 3227.

Alternative scenario

Below 3047, expect 2980 and 2940.

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 below its 20 period moving average (3107) but above its 50 period moving average (3089).

Supports and resistances

3307 **

3267 *

3227 **

3187

3105 last

3073

3047 **

2980 *

2940 **

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