Ethereum Classic / Euro may rise to 30.11 - 30.65

Our pivot point is at 28.32.

Our preference

The upside prevails as long as 28.32 is support.

Alternative scenario

Below 28.32, expect 27.41 and 26.87.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 28.96 and 28.78).

Supports and resistances

31.73 **

31.19 *

30.65 **

30.11

29.03 last

28.67

28.32 **

27.41 *

26.87 **

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