Ether / USD may rise to 2498 - 2529

2389 is our pivot point.

Our preference

The upside prevails as long as 2389 is support.

Alternative scenario

Below 2389, expect 2337 and 2306.

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 trading above both its 20 and 50 period moving average (respectively at 2399 and 2424).

Supports and resistances

2592 **

2561 *

2529 **

2498

2434 last

2410

2389 **

2337 *

2306 **

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