Ether / USD may rise to 2682 - 2711

Our pivot point is at 2581.

Our preference

Rebound towards 2711.

Alternative scenario

Below 2581, expect 2532 and 2503.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2625 and 2633).

Supports and resistances

2769 **

2740 *

2711 **

2682

2623 last

2600

2581 **

2532 *

2503 **

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