Ether / USD may fall to 3622 - 3679

Our pivot point stands at 3875.

Our preference

The downside prevails as long as 3875 is resistance.

Alternative scenario

Above 3875, look for 3971 and 4028.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3825 and 3835).

Supports and resistances

4028 **

3971 *

3875 **

3837

3795 last

3679

3622 **

3565 *

3508 **

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