Ether / USD may rise to 3403 - 3445

Our pivot point stands at 3255.

Our preference

Rebound towards 3445.

Alternative scenario

The downside breakout of 3255 would call for 3184 and 3142.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3348 and 3408).

Supports and resistances

3529 **

3487 *

3445 **

3403

3319 last

3282

3255 **

3184 *

3142 **

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