Ether / USD may rise to 3572 - 3616

Our pivot point is at 3419.

Our preference

The upside prevails as long as 3419 is support.

Alternative scenario

Below 3419, expect 3345 and 3301.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 3436 and 3435).

Supports and resistances

3705 **

3660 *

3616 **

3572

3477 last

3448

3419 **

3345 *

3301 **

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