Ether / USD may rise to 3968 - 4023

Our pivot point stands at 3783.

Our preference

As long as 3783 is support look for 4023.

Alternative scenario

The downside breakout of 3783 would call for 3690 and 3635.

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 below its 20 period moving average (3860) but above its 50 period moving average (3829).

Supports and resistances

4134 **

4079 *

4023 **

3968

3857 last

3820

3783 **

3690 *

3635 **

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