Ether / USD may rise to 2846 - 2886

Our pivot point stands at 2707.

Our preference

As long as 2707 is support look for 2886.

Alternative scenario

Below 2707, expect 2640 and 2601.

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 2760 and 2715).

Supports and resistances

2966 **

2926 *

2886 **

2846

2762 last

2733

2707 **

2640 *

2601 **

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