Ether / USD may rise to 3572 - 3617

3398 is our pivot point.

Our preference

The upside prevails as long as 3398 is support.

Alternative scenario

Below 3398, expect 3323 and 3279.

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 trading above both its 20 and 50 period moving average (respectively at 3437 and 3437).

Supports and resistances

3706 **

3661 *

3617 **

3572

3468 last

3427

3398 **

3323 *

3279 **

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