Ether / USD may rise to 4032 - 4092

Our pivot point is at 3828.

Our preference

The upside prevails as long as 3828 is support.

Alternative scenario

The downside breakout of 3828 would call for 3729 and 3670.

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 above its 20 and 50 period moving average (respectively at 3879 and 3843).

Supports and resistances

4210 **

4151 *

4092 **

4032

3910 last

3868

3828 **

3729 *

3670 **

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