Ethereum Classic / Dollar may rise to 23.54 - 23.88

Our pivot point stands at 22.43.

Our preference

Rebound towards 23.88.

Alternative scenario

Below 22.43, expect 21.87 and 21.53.

Comment

The RSI is below its neutrality area at 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 (22.83) but under its 50 period moving average (22.99).

Supports and resistances

24.55 **

24.21 *

23.88 **

23.54

22.87 last

22.65

22.43 **

21.87 *

21.53 **

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