Ether / USD may rise to 3043 - 3247

Our pivot point stands at 2324.

Our preference

The upside prevails as long as 2324 is support.

Alternative scenario

The downside breakout of 2324 would call for 1986 and 1785.

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 trading above both its 20 and 50 period moving average (respectively at 2496 and 2464).

Supports and resistances

3656 **

3452 *

3247 **

3043

2608 last

2456

2324 **

1986 *

1785 **

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