Ethereum Classic / Euro may rise to 30.09 - 30.63

28.26 is our pivot point.

Our preference

Our next up target stands at 30.63.

Alternative scenario

Below 28.26, expect 27.36 and 26.82.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 28.73 and 28.82).

Supports and resistances

31.71 **

31.17 *

30.63 **

30.09

29.01 last

28.62

28.26 **

27.36 *

26.82 **

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