Ethereum Classic / Euro may rise to 29.29 - 29.81

27.54 is our pivot point.

Our preference

Rebound towards 29.81.

Alternative scenario

Below 27.54, expect 26.66 and 26.14.

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 (28.20) but below its 50 period moving average (28.38).

Supports and resistances

30.86 **

30.34 *

29.81 **

29.29

28.24 last

27.89

27.54 **

26.66 *

26.14 **

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