Ether / USD may fall to 2515 - 2544

Our pivot point stands at 2643.

Our preference

Target 2515.

Alternative scenario

The upside breakout of 2643, would call for 2692 and 2722.

Comment

The RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (2619) but above its 50 period moving average (2593).

Supports and resistances

2722 **

2692 *

2643 **

2624

2603 last

2544

2515 **

2486 *

2456 **

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