Ether / USD may rise to 3601 - 3646

Our pivot point stands at 3452.

Our preference

Rebound towards 3646.

Alternative scenario

Below 3452, expect 3377 and 3332.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3518 and 3550).

Supports and resistances

3735 **

3690 *

3646 **

3601

3511 last

3481

3452 **

3377 *

3332 **

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