Ethereum Classic / Dollar may rise to 22.99 - 23.31

Our pivot point stands at 21.89.

Our preference

Rebound towards 23.31.

Alternative scenario

Below 21.89, expect 21.34 and 21.01.

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 stands above its 20 period moving average (22.29) but below its 50 period moving average (22.61).

Supports and resistances

23.97 **

23.64 *

23.31 **

22.99

22.32 last

22.11

21.89 **

21.34 *

21.01 **

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