Ether / USD may rise to 3922 - 3977

Our pivot point stands at 3736.

Our preference

The upside prevails as long as 3736 is support.

Alternative scenario

Below 3736, expect 3644 and 3589.

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 above its 20 and 50 period moving average (respectively at 3804 and 3806).

Supports and resistances

4086 **

4031 *

3977 **

3922

3808 last

3772

3736 **

3644 *

3589 **

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