Ether / USD may rise to 3594 - 3639

3444 is our pivot point.

Our preference

As long as 3444 is support look for 3639.

Alternative scenario

The downside breakout of 3444 would call for 3369 and 3324.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3502 and 3469).

Supports and resistances

3729 **

3684 *

3639 **

3594

3503 last

3474

3444 **

3369 *

3324 **

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