Ether / USD may fall to 2553 - 2583

Our pivot point is at 2682.

Our preference

The downside prevails as long as 2682 is resistance.

Alternative scenario

Above 2682, look for 2732 and 2761.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2643 and 2642).

Supports and resistances

2761 **

2732 *

2682 **

2662

2642 last

2583

2553 **

2523 *

2494 **

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