Ethereum Classic / Euro may fall to 13.24 - 14.41

Our pivot point is at 18.74.

Our preference

The downside prevails as long as 18.74 is resistance.

Alternative scenario

Above 18.74, look for 20.76 and 21.96.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 17.28 and 16.93).

Supports and resistances

21.96 **

20.76 *

18.74 **

17.95

16.83 last

14.41

13.24 **

12.07 *

10.89 **

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