Ether / USD may rise to 2790 - 2830

Our pivot point is at 2659.

Our preference

As long as 2659 is support look for 2830.

Alternative scenario

The downside breakout of 2659 would call for 2593 and 2553.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 2708 and 2678).

Supports and resistances

2909 **

2869 *

2830 **

2790

2711 last

2685

2659 **

2593 *

2553 **

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