Ether / USD may rise to 3600 - 3644

Our pivot point stands at 3447.

Our preference

As long as 3447 is support look for 3644.

Alternative scenario

The downside breakout of 3447 would call for 3373 and 3328.

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 above both its 20 and 50 period moving average (respectively at 3506 and 3499).

Supports and resistances

3734 **

3689 *

3644 **

3600

3508 last

3477

3447 **

3373 *

3328 **

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