Ether / USD may rise to 2671 - 2700

Our pivot point is at 2568.

Our preference

As long as 2568 is support look for 2700.

Alternative scenario

The downside breakout of 2568 would call for 2518 and 2489.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 2607 and 2602).

Supports and resistances

2758 **

2729 *

2700 **

2671

2610 last

2587

2568 **

2518 *

2489 **

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