Ether / USD may rise to 3869 - 3925

Our pivot point is at 3682.

Our preference

Rebound towards 3925.

Alternative scenario

The downside breakout of 3682 would call for 3587 and 3530.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (3752) but below its 50 period moving average (3759).

Supports and resistances

4038 **

3982 *

3925 **

3869

3756 last

3719

3682 **

3587 *

3530 **

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