Ether / USD may rise to 3407 - 3449

Our pivot point is at 3265.

Our preference

The upside prevails as long as 3265 is support.

Alternative scenario

Below 3265, expect 3193 and 3151.

Comment

The RSI is above its neutrality area at 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 3295 and 3304).

Supports and resistances

3535 **

3492 *

3449 **

3407

3322 last

3293

3265 **

3193 *

3151 **

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