Ether / USD may rise to 3533 - 3576

Our pivot point is at 3387.

Our preference

As long as 3387 is support look for 3576.

Alternative scenario

The downside breakout of 3387 would call for 3314 and 3270.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (3446) but above its 50 period moving average (3412).

Supports and resistances

3664 **

3620 *

3576 **

3533

3445 last

3416

3387 **

3314 *

3270 **

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