Ether / USD may rise to 2679 - 2708

Our pivot point stands at 2582.

Our preference

Rebound towards 2708.

Alternative scenario

Below 2582, expect 2534 and 2505.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2636 and 2654).

Supports and resistances

2766 **

2737 *

2708 **

2679

2621 last

2601

2582 **

2534 *

2505 **

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