Ether / USD may rise to 2678 - 2708

2577 is our pivot point.

Our preference

As long as 2577 is support look for 2708.

Alternative scenario

Below 2577, expect 2528 and 2498.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (2617) but above its 50 period moving average (2601).

Supports and resistances

2766 **

2737 *

2708 **

2678

2617 last

2597

2577 **

2528 *

2498 **

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