Ether / USD may fall to 2380 - 2408

Our pivot point is at 2501.

Our preference

Eye 2380.

Alternative scenario

The upside breakout of 2501, would call for 2548 and 2575.

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 below its 20 period moving average (2470) but above its 50 period moving average (2464).

Supports and resistances

2575 **

2548 *

2501 **

2483

2465 last

2408

2380 **

2352 *

2325 **

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