Ether / USD may fall to 2351 - 2379

Our pivot point is at 2469.

Our preference

The downside prevails as long as 2469 is resistance.

Alternative scenario

Above 2469, look for 2515 and 2543.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2437 and 2438).

Supports and resistances

2543 **

2515 *

2469 **

2451

2433 last

2379

2351 **

2324 *

2297 **

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