Ethereum Short Term: as long as 3689 is support look for 5544
Ethereum (ETH/USD)-52.87-1.27%
as long as 3689 is support look for 5544.

Our pivot point is at 3689.
Our preference: as long as 3689 is support look for 5544.
Alternative scenario: below 3689, expect 3047 and 2664.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 4079 and 3560).
Supports and resistances:
6338 **
5941 *
5544 **
5147
4281 last
3942
3689 **
3047 *
2664 **
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