Ether / USD may rise to 2745 - 2784

Our pivot point stands at 2618.

Our preference

As long as 2618 is support look for 2784.

Alternative scenario

The downside breakout of 2618 would call for 2553 and 2514.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2665 and 2638).

Supports and resistances

2861 **

2822 *

2784 **

2745

2668 last

2643

2618 **

2553 *

2514 **

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