Ether / USD may rise to 2692 - 2726

2568 is our pivot point.

Our preference

The upside prevails as long as 2568 is support.

Alternative scenario

The downside breakout of 2568 would call for 2512 and 2479.

Comment

The RSI is above 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 2601 and 2614).

Supports and resistances

2793 **

2760 *

2726 **

2692

2621 last

2591

2568 **

2512 *

2479 **

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