Ethereum Classic / Euro may rise to 27.45 - 27.91

Our pivot point stands at 25.82.

Our preference

The upside prevails as long as 25.82 is support.

Alternative scenario

Below 25.82, expect 25.05 and 24.59.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 26.14 and 26.28). Finally, the Ethereum Classic / Euro is trading above its upper Bollinger band (standing at 26.42).

Supports and resistances

28.84 **

28.37 *

27.91 **

27.45

26.52 last

26.13

25.82 **

25.05 *

24.59 **

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