Ether / USD may rise to 3643 - 3688

Our pivot point stands at 3492.

Our preference

As long as 3492 is support look for 3688.

Alternative scenario

Below 3492, expect 3416 and 3371.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (3555) but above its 50 period moving average (3548).

Supports and resistances

3779 **

3734 *

3688 **

3643

3553 last

3522

3492 **

3416 *

3371 **

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