Ether / USD may rise to 2848 - 2887

Our pivot point stands at 2713.

Our preference

The upside prevails as long as 2713 is support.

Alternative scenario

Below 2713, expect 2646 and 2606.

Comment

The RSI is above its neutrality area at 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 2763 and 2764).

Supports and resistances

2967 **

2927 *

2887 **

2848

2768 last

2739

2713 **

2646 *

2606 **

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