Ether / USD may rise to 3929 - 3986

Our pivot point stands at 3713.

Our preference

The upside prevails as long as 3713 is support.

Alternative scenario

Below 3713, expect 3617 and 3560.

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 3765 and 3766).

Supports and resistances

4101 **

4043 *

3986 **

3929

3792 last

3750

3713 **

3617 *

3560 **

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