Ether / USD may rise to 3249 - 3524

Our pivot point stands at 2307.

Our preference

Rebound towards 3524.

Alternative scenario

Below 2307, expect 1852 and 1582.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (2651) but under its 50 period moving average (2964).

Supports and resistances

4072 **

3798 *

3524 **

3249

2672 last

2486

2307 **

1852 *

1582 **

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