Ether / USD may rise to 3284 - 3325

Our pivot point stands at 3148.

Our preference

The upside prevails as long as 3148 is support.

Alternative scenario

The downside breakout of 3148 would call for 3079 and 3038.

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 above its 20 and 50 period moving average (respectively at 3143 and 3169).

Supports and resistances

3407 **

3366 *

3325 **

3284

3202 last

3175

3148 **

3079 *

3038 **

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