Ether / USD may rise to 2755 - 2794

Our pivot point is at 2626.

Our preference

Rebound towards 2794.

Alternative scenario

The downside breakout of 2626 would call for 2561 and 2522.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2685 and 2704).

Supports and resistances

2871 **

2832 *

2794 **

2755

2678 last

2651

2626 **

2561 *

2522 **

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