Ether / USD may rise to 3689 - 3735

Our pivot point stands at 3538.

Our preference

The upside prevails as long as 3538 is support.

Alternative scenario

Below 3538, expect 3461 and 3415.

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 3569 and 3554).

Supports and resistances

3827 **

3781 *

3735 **

3689

3598 last

3568

3538 **

3461 *

3415 **

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