Ether / USD may rise to 2807 - 2842

Our pivot point is at 2677.

Our preference

The upside prevails as long as 2677 is support.

Alternative scenario

Below 2677, expect 2618 and 2583.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2689 and 2639).

Supports and resistances

2913 **

2877 *

2842 **

2807

2725 last

2700

2677 **

2618 *

2583 **

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