Ether / USD may rise to 2522 - 2550

Our pivot point is at 2430.

Our preference

The upside prevails as long as 2430 is support.

Alternative scenario

The downside breakout of 2430 would call for 2383 and 2355.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2454 and 2461).

Supports and resistances

2606 **

2578 *

2550 **

2522

2467 last

2448

2430 **

2383 *

2355 **

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