Ether / USD may rise to 2612 - 2644

Our pivot point is at 2499.

Our preference

Rebound towards 2644.

Alternative scenario

Below 2499, expect 2444 and 2411.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2563 and 2616).

Supports and resistances

2710 **

2677 *

2644 **

2612

2545 last

2520

2499 **

2444 *

2411 **

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