Ether / USD may fall to 2358 - 2386

2481 is our pivot point.

Our preference

Target 2358.

Alternative scenario

The upside breakout of 2481, would call for 2527 and 2555.

Comment

The RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (2444) but above its 50 period moving average (2436).

Supports and resistances

2555 **

2527 *

2481 **

2463

2441 last

2386

2358 **

2331 *

2303 **

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