Ether / USD may rise to 2517 - 2545

Our pivot point stands at 2421.

Our preference

The upside prevails as long as 2421 is support.

Alternative scenario

The downside breakout of 2421 would call for 2375 and 2347.

Comment

The RSI is above its neutrality area at 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 2443 and 2435).

Supports and resistances

2600 **

2572 *

2545 **

2517

2458 last

2440

2421 **

2375 *

2347 **

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