Ether / USD may rise to 2687 - 2717

Our pivot point stands at 2589.

Our preference

The upside prevails as long as 2589 is support.

Alternative scenario

Below 2589, expect 2539 and 2510.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2617 and 2605).

Supports and resistances

2775 **

2746 *

2717 **

2687

2627 last

2608

2589 **

2539 *

2510 **

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