Ethereum Classic / Dollar may rise to 32.64 - 33.23

Our pivot point stands at 30.69.

Our preference

Rebound.

Alternative scenario

Below 30.69, expect 29.70 and 29.12.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (31.34) but below its 50 period moving average (31.60).

Supports and resistances

34.41 **

33.82 *

33.23 **

32.64

31.47 last

31.08

30.69 **

29.70 *

29.12 **

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