Ether / USD may rise to 2679 - 2717

Our pivot point is at 2548.

Our preference

Rebound towards 2717.

Alternative scenario

Below 2548, expect 2485 and 2447.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2613 and 2635).

Supports and resistances

2792 **

2755 *

2717 **

2679

2604 last

2572

2548 **

2485 *

2447 **

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