Ether / USD may fall to 2463 - 2500

2625 is our pivot point.

Our preference

The downside prevails as long as 2625 is resistance.

Alternative scenario

Above 2625, look for 2688 and 2725.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2606 and 2601).

Supports and resistances

2725 **

2688 *

2625 **

2600

2575 last

2500

2463 **

2425 *

2388 **

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