Ether / USD may rise to 2459 - 2486

Our pivot point is at 2368.

Our preference

As long as 2368 is support look for 2486.

Alternative scenario

The downside breakout of 2368 would call for 2323 and 2296.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 2400 and 2388).

Supports and resistances

2540 **

2513 *

2486 **

2459

2405 last

2386

2368 **

2323 *

2296 **

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