Ether / USD may rise to 3922 - 3976

Our pivot point stands at 3739.

Our preference

Rebound towards 3976.

Alternative scenario

Below 3739, expect 3647 and 3592.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3818 and 3839).

Supports and resistances

4086 **

4031 *

3976 **

3922

3812 last

3776

3739 **

3647 *

3592 **

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