Ether / USD may rise to 3561 - 3607

Our pivot point is at 3409.

Our preference

Rebound towards 3607.

Alternative scenario

Below 3409, expect 3332 and 3286.

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 3472 and 3495).

Supports and resistances

3698 **

3652 *

3607 **

3561

3470 last

3439

3409 **

3332 *

3286 **

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