Ether / USD may rise to 3574 - 3620

Our pivot point stands at 3418.

Our preference

Rebound towards 3620.

Alternative scenario

Below 3418, expect 3341 and 3295.

Comment

The RSI is below 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 3484 and 3517).

Supports and resistances

3712 **

3666 *

3620 **

3574

3479 last

3448

3418 **

3341 *

3295 **

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