Ethereum Classic / Dollar may rise to 19.36 - 19.61

Our pivot point stands at 18.51.

Our preference

Rebound towards 19.61.

Alternative scenario

Below 18.51, expect 18.08 and 17.83.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (18.81) but below its 50 period moving average (18.98).

Supports and resistances

20.12 **

19.87 *

19.61 **

19.36

18.85 last

18.68

18.51 **

18.08 *

17.83 **

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