Ether / USD may fall to 3443 - 3490

Our pivot point stands at 3647.

Our preference

Eye 3443.

Alternative scenario

The upside breakout of 3647, would call for 3727 and 3774.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is below its 20 period moving average (3602) but above its 50 period moving average (3583).

Supports and resistances

3774 **

3727 *

3647 **

3616

3585 last

3490

3443 **

3396 *

3349 **

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