Ether / USD may rise to 4052 - 4112

Our pivot point stands at 3853.

Our preference

The upside prevails as long as 3853 is support.

Alternative scenario

Below 3853, expect 3753 and 3694.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3871 and 3832).

Supports and resistances

4231 **

4172 *

4112 **

4052

3932 last

3893

3853 **

3753 *

3694 **

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