Ether / USD may rise to 3974 - 4030

Our pivot point stands at 3790.

Our preference

As long as 3790 is support look for 4030.

Alternative scenario

Below 3790, expect 3696 and 3641.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 3852 and 3824).

Supports and resistances

4141 **

4085 *

4030 **

3974

3863 last

3826

3790 **

3696 *

3641 **

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