Ether / USD may fall to 2526 - 2556

2653 is our pivot point.

Our preference

Target 2526.

Alternative scenario

Above 2653, look for 2703 and 2732.

Comment

The RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (2624) but above its 50 period moving average (2614).

Supports and resistances

2732 **

2703 *

2653 **

2634

2615 last

2556

2526 **

2497 *

2468 **

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