Ether / USD may fall to 3290 - 3333

Our pivot point stands at 3484.

Our preference

The downside prevails as long as 3484 is resistance.

Alternative scenario

Above 3484, look for 3558 and 3602.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3441 and 3461).

Supports and resistances

3602 **

3558 *

3484 **

3455

3421 last

3333

3290 **

3246 *

3202 **

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