Ether / USD may rise to 2793 - 2823

Our pivot point stands at 2690.

Our preference

As long as 2690 is support look for 2823.

Alternative scenario

Below 2690, expect 2639 and 2608.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2729 and 2689).

Supports and resistances

2884 **

2854 *

2823 **

2793

2731 last

2711

2690 **

2639 *

2608 **

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