Ether / USD may rise to 2690 - 2719

Our pivot point stands at 2589.

Our preference

As long as 2589 is support look for 2719.

Alternative scenario

Below 2589, expect 2540 and 2510.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 2625 and 2560).

Supports and resistances

2778 **

2749 *

2719 **

2690

2628 last

2609

2589 **

2540 *

2510 **

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