Ether / USD may rise to 2738 - 2768

2633 is our pivot point.

Our preference

Rebound towards 2768.

Alternative scenario

The downside breakout of 2633 would call for 2583 and 2553.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2682 and 2710).

Supports and resistances

2828 **

2798 *

2768 **

2738

2678 last

2653

2633 **

2583 *

2553 **

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