Ether / USD may rise to 2666 - 2703

2534 is our pivot point.

Our preference

Rebound towards 2703.

Alternative scenario

Below 2534, expect 2471 and 2434.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (2586) but under its 50 period moving average (2624).

Supports and resistances

2778 **

2741 *

2703 **

2666

2591 last

2558

2534 **

2471 *

2434 **

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