Ether / USD may rise to 2713 - 2751

Our pivot point is at 2586.

Our preference

The upside prevails as long as 2586 is support.

Alternative scenario

The downside breakout of 2586 would call for 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 2627 and 2625).

Supports and resistances

2828 **

2790 *

2751 **

2713

2637 last

2611

2586 **

2522 *

2484 **

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