Ether / USD may fall to 2512 - 2549

Our pivot point stands at 2675.

Our preference

Target 2512.

Alternative scenario

Above 2675, look for 2739 and 2777.

Comment

The RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (2630) but above its 50 period moving average (2624).

Supports and resistances

2777 **

2739 *

2675 **

2650

2625 last

2549

2512 **

2474 *

2436 **

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