Ether / USD may rise to 2748 - 2786

Our pivot point stands at 2614.

Our preference

As long as 2614 is support look for 2786.

Alternative scenario

Below 2614, expect 2549 and 2510.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 2661 and 2632).

Supports and resistances

2864 **

2825 *

2786 **

2748

2667 last

2640

2614 **

2549 *

2510 **

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