Ether / USD may rise to 3420 - 3463

Our pivot point is at 3273.

Our preference

The upside prevails as long as 3273 is support.

Alternative scenario

The downside breakout of 3273 would call for 3201 and 3159.

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 3312 and 3300).

Supports and resistances

3548 **

3506 *

3463 **

3420

3335 last

3301

3273 **

3201 *

3159 **

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