Ether / USD may rise to 3900 - 3957

Our pivot point is at 3701.

Our preference

The upside prevails as long as 3701 is support.

Alternative scenario

Below 3701, expect 3605 and 3549.

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 3779 and 3761).

Supports and resistances

4070 **

4013 *

3957 **

3900

3782 last

3738

3701 **

3605 *

3549 **

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