Ether / USD may rise to 2724 - 2762

Our pivot point is at 2593.

Our preference

Our next up target stands at 2762.

Alternative scenario

Below 2593, expect 2528 and 2490.

Comment

The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 2643 and 2641).

Supports and resistances

2839 **

2801 *

2762 **

2724

2646 last

2619

2593 **

2528 *

2490 **

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