Ether / USD may rise to 3600 - 3645

Our pivot point stands at 3452.

Our preference

Rebound towards 3645.

Alternative scenario

The downside breakout of 3452 would call for 3377 and 3332.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3514 and 3542).

Supports and resistances

3734 **

3690 *

3645 **

3600

3510 last

3481

3452 **

3377 *

3332 **

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