Ether / USD may rise to 2729 - 2758

Our pivot point stands at 2626.

Our preference

Rebound towards 2758.

Alternative scenario

Below 2626, expect 2576 and 2546.

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 2671 and 2702).

Supports and resistances

2818 **

2788 *

2758 **

2729

2668 last

2646

2626 **

2576 *

2546 **

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