Ether / USD may rise to 3703 - 3750

Our pivot point stands at 3543.

Our preference

As long as 3543 is support look for 3750.

Alternative scenario

Below 3543, expect 3464 and 3416.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3605 and 3581).

Supports and resistances

3845 **

3798 *

3750 **

3703

3606 last

3575

3543 **

3464 *

3416 **

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