Ethereum Classic / Euro may rise to 28.43 - 28.94

Our pivot point is at 26.74.

Our preference

Rebound towards 28.94.

Alternative scenario

Below 26.74, expect 25.88 and 25.37.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 27.50 and 27.56).

Supports and resistances

29.96 **

29.45 *

28.94 **

28.43

27.41 last

27.07

26.74 **

25.88 *

25.37 **

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