Ether / USD may rise to 2699 - 2737

Our pivot point is at 2573.

Our preference

The upside prevails as long as 2573 is support.

Alternative scenario

The downside breakout of 2573 would call for 2510 and 2472.

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 2614 and 2622).

Supports and resistances

2812 **

2775 *

2737 **

2699

2623 last

2598

2573 **

2510 *

2472 **

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