Ether / USD may rise to 3883 - 3937

Our pivot point stands at 3701.

Our preference

Rebound towards 3937.

Alternative scenario

Below 3701, expect 3610 and 3555.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (3770) but below its 50 period moving average (3791).

Supports and resistances

4046 **

3991 *

3937 **

3883

3774 last

3737

3701 **

3610 *

3555 **

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