Ether / USD may fall to 3257 - 3300

Our pivot point stands at 3443.

Our preference

The downside prevails as long as 3443 is resistance.

Alternative scenario

The upside breakout of 3443, would call for 3515 and 3558.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3394 and 3392).

Supports and resistances

3558 **

3515 *

3443 **

3415

3386 last

3300

3257 **

3215 *

3172 **

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