Ether / USD may rise to 2598 - 2635

Our pivot point stands at 2474.

Our preference

As long as 2474 is support look for 2635.

Alternative scenario

Below 2474, expect 2411 and 2374.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (2527) but above its 50 period moving average (2508).

Supports and resistances

2709 **

2672 *

2635 **

2598

2524 last

2498

2474 **

2411 *

2374 **

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