Ether / USD may rise to 2577 - 2609

Our pivot point stands at 2465.

Our preference

The upside prevails as long as 2465 is support.

Alternative scenario

The downside breakout of 2465 would call for 2411 and 2379.

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 2487 and 2490).

Supports and resistances

2674 **

2642 *

2609 **

2577

2513 last

2486

2465 **

2411 *

2379 **

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