Ether / USD may rise to 2488 - 2519

Our pivot point stands at 2379.

Our preference

The upside prevails as long as 2379 is support.

Alternative scenario

Below 2379, expect 2327 and 2296.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2414 and 2418).

Supports and resistances

2581 **

2550 *

2519 **

2488

2425 last

2399

2379 **

2327 *

2296 **

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