Ether / USD may rise to 4040 - 4099

Our pivot point stands at 3834.

Our preference

As long as 3834 is support look for 4099.

Alternative scenario

Below 3834, expect 3735 and 3675.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3908 and 3876).

Supports and resistances

4218 **

4159 *

4099 **

4040

3912 last

3873

3834 **

3735 *

3675 **

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