Ether / USD may rise to 2649 - 2686

Our pivot point stands at 2523.

Our preference

Rebound towards 2686.

Alternative scenario

Below 2523, expect 2461 and 2424.

Comment

The RSI is below its neutrality area at 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 2585 and 2629).

Supports and resistances

2761 **

2724 *

2686 **

2649

2575 last

2548

2523 **

2461 *

2424 **

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