Ethereum Classic / Euro may rise to 26.89 - 27.35

Our pivot point is at 25.39.

Our preference

Rebound towards 27.35.

Alternative scenario

The downside breakout of 25.39 would call for 24.62 and 24.17.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 26.16 and 26.49).

Supports and resistances

28.25 **

27.80 *

27.35 **

26.89

25.99 last

25.69

25.39 **

24.62 *

24.17 **

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