Ethereum Classic / Dollar may rise to 19.34 - 19.62

18.42 is our pivot point.

Our preference

Rebound.

Alternative scenario

Below 18.42, expect 17.96 and 17.69.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (18.52) but under its 50 period moving average (18.81). Finally, the Ethereum Classic / Dollar has crossed above its upper Bollinger band (18.70).

Supports and resistances

20.17 **

19.90 *

19.62 **

19.34

18.79 last

18.61

18.42 **

17.96 *

17.69 **

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