Ether / USD may rise to 3610 - 3657

Our pivot point stands at 3448.

Our preference

Rebound.

Alternative scenario

The downside breakout of 3448 would call for 3371 and 3324.

Comment

The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (3501) but below its 50 period moving average (3544).

Supports and resistances

3749 **

3703 *

3657 **

3610

3515 last

3479

3448 **

3371 *

3324 **

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