Ethereum Classic / Dollar may rise to 21.59 - 21.89

Our pivot point is at 20.57.

Our preference

As long as 20.57 is support look for 21.89.

Alternative scenario

Below 20.57, expect 20.06 and 19.75.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 20.97 and 20.87).

Supports and resistances

22.50 **

22.20 *

21.89 **

21.59

20.98 last

20.77

20.57 **

20.06 *

19.75 **

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