Ether / USD may fall to 2523 - 2552

Our pivot point stands at 2653.

Our preference

The downside prevails as long as 2653 is resistance.

Alternative scenario

Above 2653, look for 2702 and 2731.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2615 and 2615).

Supports and resistances

2731 **

2702 *

2653 **

2634

2614 last

2552

2523 **

2493 *

2464 **

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