Ether / USD may rise to 2539 - 2575

Our pivot point stands at 2415.

Our preference

Rebound towards 2575.

Alternative scenario

Below 2415, expect 2354 and 2318.

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 (2459) but under its 50 period moving average (2541).

Supports and resistances

2647 **

2611 *

2575 **

2539

2465 last

2438

2415 **

2354 *

2318 **

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