Ether / USD may rise to 3647 - 3692

3492 is our pivot point.

Our preference

As long as 3492 is support look for 3692.

Alternative scenario

Below 3492, expect 3416 and 3371.

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 below its 20 period moving average (3558) but above its 50 period moving average (3547).

Supports and resistances

3782 **

3737 *

3692 **

3647

3552 last

3522

3492 **

3416 *

3371 **

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