Ether / USD may rise to 4334 - 4669

Our pivot point stands at 3222.

Our preference

As long as 3222 is support look for 4669.

Alternative scenario

The downside breakout of 3222 would call for 2660 and 2325.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (3766) but above its 50 period moving average (3383).

Supports and resistances

5338 **

5003 *

4669 **

4334

3664 last

3443

3222 **

2660 *

2325 **

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