Ethereum Classic / Euro may rise to 26.34 - 28.53

Our pivot point is at 19.08.

Our preference

Rebound.

Alternative scenario

Below 19.08, expect 15.41 and 13.22.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (20.45) but below its 50 period moving average (22.88).

Supports and resistances

32.90 **

30.71 *

28.53 **

26.34

21.97 last

20.53

19.08 **

15.41 *

13.22 **

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