Ether / USD may rise to 2675 - 2705

2578 is our pivot point.

Our preference

The upside prevails as long as 2578 is support.

Alternative scenario

Below 2578, expect 2528 and 2499.

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 2600 and 2601).

Supports and resistances

2763 **

2734 *

2705 **

2675

2617 last

2597

2578 **

2528 *

2499 **

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