Ether / USD may rise to 2469 - 2496

Our pivot point is at 2373.

Our preference

The upside prevails as long as 2373 is support.

Alternative scenario

The downside breakout of 2373 would call for 2327 and 2300.

Comment

The RSI is above 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 2393 and 2387).

Supports and resistances

2550 **

2523 *

2496 **

2469

2411 last

2390

2373 **

2327 *

2300 **

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