Ether / USD may rise to 3632 - 3677

3481 is our pivot point.

Our preference

As long as 3481 is support look for 3677.

Alternative scenario

Below 3481, expect 3406 and 3361.

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 under its 20 period moving average (3544) but above its 50 period moving average (3491).

Supports and resistances

3767 **

3722 *

3677 **

3632

3541 last

3511

3481 **

3406 *

3361 **

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