Ethereum Classic / Dollar may rise to 19.84 - 20.03

Our pivot point stands at 19.19.

Our preference

As long as 19.19 is support look for 20.03.

Alternative scenario

Below 19.19, expect 18.86 and 18.67.

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 trading above both its 20 and 50 period moving average (respectively at 19.41 and 19.28).

Supports and resistances

20.42 **

20.23 *

20.03 **

19.84

19.45 last

19.32

19.19 **

18.86 *

18.67 **

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