Ether / USD may rise to 3650 - 3695

Our pivot point is at 3497.

Our preference

As long as 3497 is support look for 3695.

Alternative scenario

Below 3497, expect 3421 and 3376.

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 above its 20 and 50 period moving average (respectively at 3551 and 3542).

Supports and resistances

3786 **

3741 *

3695 **

3650

3557 last

3527

3497 **

3421 *

3376 **

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