Ether / USD may rise to 2460 - 2487

Our pivot point stands at 2369.

Our preference

The upside prevails as long as 2369 is support.

Alternative scenario

Below 2369, expect 2324 and 2297.

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 trading above both its 20 and 50 period moving average (respectively at 2375 and 2385).

Supports and resistances

2542 **

2514 *

2487 **

2460

2405 last

2387

2369 **

2324 *

2297 **

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