Ether / USD may fall to 2433 - 2460

2558 is our pivot point.

Our preference

The downside prevails as long as 2558 is resistance.

Alternative scenario

Above 2558, look for 2605 and 2633.

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 is trading under both its 20 and 50 period moving average (respectively at 2528 and 2532).

Supports and resistances

2633 **

2605 *

2558 **

2540

2522 last

2460

2433 **

2405 *

2377 **

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