Ether / USD may rise to 3917 - 3971

Our pivot point stands at 3735.

Our preference

As long as 3735 is support look for 3971.

Alternative scenario

Below 3735, expect 3643 and 3588.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (3811) but above its 50 period moving average (3791).

Supports and resistances

4081 **

4026 *

3971 **

3917

3807 last

3771

3735 **

3643 *

3588 **

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