Ether / USD may rise to 2717 - 2755

Our pivot point is at 2586.

Our preference

The upside prevails as long as 2586 is support.

Alternative scenario

Below 2586, expect 2522 and 2484.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2626 and 2615).

Supports and resistances

2831 **

2793 *

2755 **

2717

2640 last

2611

2586 **

2522 *

2484 **

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