Ether / USD may fall to 2347 - 2378

2490 is our pivot point.

Our preference

The downside prevails as long as 2490 is resistance.

Alternative scenario

The upside breakout of 2490, would call for 2543 and 2574.

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 stands below its 20 and 50 period moving average (respectively at 2482 and 2453).

Supports and resistances

2574 **

2543 *

2490 **

2469

2443 last

2378

2347 **

2316 *

2284 **

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