Ether / USD may fall to 2513 - 2546

Our pivot point stands at 2675.

Our preference

Target 2513.

Alternative scenario

Above 2675, look for 2732 and 2765.

Comment

The RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (2663) but above its 50 period moving average (2617).

Supports and resistances

2765 **

2732 *

2675 **

2653

2629 last

2546

2513 **

2479 *

2446 **

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