Ether / USD may rise to 2800 - 2835

Our pivot point stands at 2672.

Our preference

The upside prevails as long as 2672 is support.

Alternative scenario

Below 2672, expect 2614 and 2579.

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 2682 and 2625).

Supports and resistances

2905 **

2870 *

2835 **

2800

2725 last

2695

2672 **

2614 *

2579 **

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