Ether / USD may fall to 3352 - 3396

3548 is our pivot point.

Our preference

The downside prevails as long as 3548 is resistance.

Alternative scenario

Above 3548, look for 3623 and 3667.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3496 and 3502).

Supports and resistances

3667 **

3623 *

3548 **

3519

3488 last

3396

3352 **

3307 *

3263 **

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