Ether / USD may fall to 3335 - 3380

3531 is our pivot point.

Our preference

The downside prevails as long as 3531 is resistance.

Alternative scenario

Above 3531, look for 3606 and 3650.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3496 and 3509).

Supports and resistances

3650 **

3606 *

3531 **

3502

3468 last

3380

3335 **

3291 *

3247 **

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