Ether / USD may rise to 2704 - 2733

Our pivot point is at 2604.

Our preference

The upside prevails as long as 2604 is support.

Alternative scenario

Below 2604, expect 2555 and 2525.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2641 and 2643).

Supports and resistances

2792 **

2763 *

2733 **

2704

2643 last

2624

2604 **

2555 *

2525 **

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