Ethereum Classic / Euro may rise to 20.04 - 20.31

19.11 is our pivot point.

Our preference

As long as 19.11 is support look for 20.31.

Alternative scenario

Below 19.11, expect 18.64 and 18.36.

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 under its 20 period moving average (19.49) but above its 50 period moving average (19.40).

Supports and resistances

20.87 **

20.59 *

20.31 **

20.04

19.48 last

19.29

19.11 **

18.64 *

18.36 **

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