Ethereum Classic / Dollar may rise to 19.87 - 20.07

Our pivot point is at 19.22.

Our preference

Rebound towards 20.07.

Alternative scenario

Below 19.22, expect 18.89 and 18.70.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 19.57 and 19.83).

Supports and resistances

20.46 **

20.26 *

20.07 **

19.87

19.48 last

19.35

19.22 **

18.89 *

18.70 **

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