Ether / USD may rise to 2674 - 2703

Our pivot point stands at 2572.

Our preference

As long as 2572 is support look for 2703.

Alternative scenario

The downside breakout of 2572 would call for 2523 and 2494.

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 2611 and 2602).

Supports and resistances

2762 **

2732 *

2703 **

2674

2615 last

2592

2572 **

2523 *

2494 **

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