Ether / USD may rise to 3777 - 3829

Our pivot point stands at 3595.

Our preference

Rebound towards 3829.

Alternative scenario

Below 3595, expect 3506 and 3454.

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 3673 and 3687).

Supports and resistances

3935 **

3882 *

3829 **

3777

3667 last

3630

3595 **

3506 *

3454 **

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