Ether / USD may fall to 2529 - 2558

Our pivot point stands at 2659.

Our preference

Under pressure below 2659.

Alternative scenario

Above 2659, look for 2708 and 2737.

Comment

The RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2625 and 2621).

Supports and resistances

2737 **

2708 *

2659 **

2639

2619 last

2558

2529 **

2500 *

2470 **

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