Ether / USD may rise to 3402 - 3444

Our pivot point is at 3250.

Our preference

Rebound towards 3444.

Alternative scenario

The downside breakout of 3250 would call for 3179 and 3137.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3319 and 3337).

Supports and resistances

3529 **

3487 *

3444 **

3402

3307 last

3278

3250 **

3179 *

3137 **

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