Ether / USD may rise to 2664 - 2694

Our pivot point stands at 2565.

Our preference

Our next up target stands at 2694.

Alternative scenario

Below 2565, expect 2516 and 2487.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 2587 and 2603).

Supports and resistances

2752 **

2723 *

2694 **

2664

2604 last

2584

2565 **

2516 *

2487 **

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