Ether / USD may fall to 2627 - 2667

Our pivot point stands at 2800.

Our preference

The downside prevails as long as 2800 is resistance.

Alternative scenario

Above 2800, look for 2867 and 2907.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2765 and 2762).

Supports and resistances

2907 **

2867 *

2800 **

2774

2748 last

2667

2627 **

2587 *

2548 **

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