Ether / USD may rise to 2678 - 2707

2579 is our pivot point.

Our preference

Rebound towards 2707.

Alternative scenario

Below 2579, expect 2531 and 2502.

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 2619 and 2625).

Supports and resistances

2765 **

2736 *

2707 **

2678

2618 last

2599

2579 **

2531 *

2502 **

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