Ether / USD may rise to 2552 - 2588

Our pivot point stands at 2428.

Our preference

Rebound towards 2588.

Alternative scenario

The downside breakout of 2428 would call for 2367 and 2330.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2494 and 2581).

Supports and resistances

2661 **

2625 *

2588 **

2552

2476 last

2452

2428 **

2367 *

2330 **

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