Ether / USD may rise to 3927 - 3982

Our pivot point stands at 3742.

Our preference

Rebound.

Alternative scenario

Below 3742, expect 3650 and 3595.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (3804) but under its 50 period moving average (3828).

Supports and resistances

4092 **

4037 *

3982 **

3927

3818 last

3778

3742 **

3650 *

3595 **

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