Ether / USD may fall to 3043 - 3083

3232 is our pivot point.

Our preference

The downside prevails as long as 3232 is resistance.

Alternative scenario

Above 3232, look for 3301 and 3342.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3202 and 3264).

Supports and resistances

3342 **

3301 *

3232 **

3206

3179 last

3083

3043 **

3002 *

2962 **

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