Ether / USD may rise to 2591 - 2619

Our pivot point stands at 2497.

Our preference

The upside prevails as long as 2497 is support.

Alternative scenario

Below 2497, expect 2450 and 2422.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2529 and 2533).

Supports and resistances

2675 **

2647 *

2619 **

2591

2535 last

2516

2497 **

2450 *

2422 **

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