Ether / USD may rise to 3912 - 3967

Our pivot point is at 3708.

Our preference

The upside prevails as long as 3708 is support.

Alternative scenario

Below 3708, expect 3616 and 3562.

Comment

The RSI is above its neutrality area at 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 3788 and 3775).

Supports and resistances

4076 **

4021 *

3967 **

3912

3790 last

3744

3708 **

3616 *

3562 **

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