Ether / USD may rise to 2759 - 2789

Our pivot point stands at 2654.

Our preference

The upside prevails as long as 2654 is support.

Alternative scenario

The downside breakout of 2654 would call for 2603 and 2573.

Comment

The RSI is above its neutrality area at 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 2678 and 2658).

Supports and resistances

2849 **

2819 *

2789 **

2759

2698 last

2674

2654 **

2603 *

2573 **

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