Ether / USD may fall to 2444 - 2472

Our pivot point stands at 2565.

Our preference

The downside prevails as long as 2565 is resistance.

Alternative scenario

The upside breakout of 2565, would call for 2612 and 2639.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2536 and 2530).

Supports and resistances

2639 **

2612 *

2565 **

2546

2528 last

2472

2444 **

2416 *

2388 **

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