Ether / USD may fall to 2329 - 2356

Our pivot point is at 2452.

Our preference

The downside prevails as long as 2452 is resistance.

Alternative scenario

Above 2452, look for 2498 and 2525.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2432 and 2438).

Supports and resistances

2525 **

2498 *

2452 **

2434

2415 last

2356

2329 **

2302 *

2275 **

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