Ether / USD may rise to 3528 - 3572

3381 is our pivot point.

Our preference

The upside prevails as long as 3381 is support.

Alternative scenario

The downside breakout of 3381 would call for 3307 and 3263.

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 3422 and 3434).

Supports and resistances

3660 **

3616 *

3572 **

3528

3440 last

3410

3381 **

3307 *

3263 **

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