Ether / USD may rise to 2801 - 2832

Our pivot point stands at 2694.

Our preference

As long as 2694 is support look for 2832.

Alternative scenario

Below 2694, expect 2643 and 2612.

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 2738 and 2698).

Supports and resistances

2893 **

2863 *

2832 **

2801

2739 last

2715

2694 **

2643 *

2612 **

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