Ether / USD may fall to 3086 - 3127

3265 is our pivot point.

Our preference

The downside prevails as long as 3265 is resistance.

Alternative scenario

Above 3265, look for 3334 and 3376.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3250 and 3284).

Supports and resistances

3376 **

3334 *

3265 **

3238

3209 last

3127

3086 **

3045 *

3004 **

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