Ethereum Classic / Dollar may rise to 20.99 - 21.25

Our pivot point is at 20.11.

Our preference

As long as 20.11 is support look for 21.25.

Alternative scenario

The downside breakout of 20.11 would call for 19.66 and 19.39.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (20.55) but above its 50 period moving average (20.28).

Supports and resistances

21.78 **

21.52 *

21.25 **

20.99

20.46 last

20.28

20.11 **

19.66 *

19.39 **

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