Ethereum Classic / Euro may rise to 21.50 - 21.80

Our pivot point is at 20.50.

Our preference

Rebound towards 21.80.

Alternative scenario

Below 20.50, expect 20.00 and 19.70.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (20.84) but under its 50 period moving average (21.04).

Supports and resistances

22.40 **

22.10 *

21.80 **

21.50

20.90 last

20.70

20.50 **

20.00 *

19.70 **

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