Ether / USD may rise to 3364 - 3406

Our pivot point stands at 3222.

Our preference

Rebound towards 3406.

Alternative scenario

Below 3222, expect 3152 and 3110.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3287 and 3310).

Supports and resistances

3490 **

3448 *

3406 **

3364

3278 last

3250

3222 **

3152 *

3110 **

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