Ether / USD may rise to 2719 - 2749

Our pivot point stands at 2612.

Our preference

The upside prevails as long as 2612 is support.

Alternative scenario

The downside breakout of 2612 would call for 2562 and 2533.

Comment

The RSI is above 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 2639 and 2625).

Supports and resistances

2808 **

2779 *

2749 **

2719

2653 last

2632

2612 **

2562 *

2533 **

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