Ether / USD may rise to 3513 - 3557

Our pivot point stands at 3367.

Our preference

Rebound.

Alternative scenario

Below 3367, expect 3294 and 3250.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (3414) but below its 50 period moving average (3428).

Supports and resistances

3645 **

3601 *

3557 **

3513

3425 last

3396

3367 **

3294 *

3250 **

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