Ether / USD may fall to 2583 - 2892

Our pivot point is at 3919.

Our preference

Eye 2583.

Alternative scenario

Above 3919, look for 4438 and 4747.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under its 20 period moving average (3665) but above its 50 period moving average (3426).

Supports and resistances

4747 **

4438 *

3919 **

3715

3510 last

2892

2583 **

2274 *

1965 **

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