Ethereum Classic / Dollar may rise to 19.35 - 19.54

Our pivot point stands at 18.73.

Our preference

Rebound towards 19.54.

Alternative scenario

Below 18.73, expect 18.41 and 18.23.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 19 and 19.13).

Supports and resistances

19.91 **

19.72 *

19.54 **

19.35

18.98 last

18.85

18.73 **

18.41 *

18.23 **

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