Ether / USD may rise to 2633 - 2671

Our pivot point stands at 2499.

Our preference

The upside prevails as long as 2499 is support.

Alternative scenario

Below 2499, expect 2436 and 2398.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2531 and 2515). Finally, the Ether / Dollar is trading above its upper Bollinger band (standing at 2550).

Supports and resistances

2746 **

2708 *

2671 **

2633

2553 last

2523

2499 **

2436 *

2398 **

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