Ether / USD may rise to 3613 - 3659

3459 is our pivot point.

Our preference

The upside prevails as long as 3459 is support.

Alternative scenario

The downside breakout of 3459 would call for 3381 and 3334.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3497 and 3489).

Supports and resistances

3752 **

3706 *

3659 **

3613

3520 last

3489

3459 **

3381 *

3334 **

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