Ethereum Classic / Dollar may rise to 21.16 - 21.43

Our pivot point is at 20.24.

Our preference

As long as 20.24 is support look for 21.43.

Alternative scenario

The downside breakout of 20.24 would call for 19.78 and 19.50.

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 above its 20 and 50 period moving average (respectively at 20.40 and 19.83).

Supports and resistances

21.98 **

21.71 *

21.43 **

21.16

20.61 last

20.42

20.24 **

19.78 *

19.50 **

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