Ether / USD may rise to 3978 - 4033

Our pivot point stands at 3793.

Our preference

The upside prevails as long as 3793 is support.

Alternative scenario

Below 3793, expect 3699 and 3644.

Comment

The RSI is above 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 3841 and 3820).

Supports and resistances

4145 **

4089 *

4033 **

3978

3866 last

3830

3793 **

3699 *

3644 **

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