Ethereum Classic / Dollar may rise to 30.68 - 31.21

Our pivot point is at 28.94.

Our preference

As long as 28.94 is support look for 31.21.

Alternative scenario

Below 28.94, expect 28.06 and 27.53.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (29.64) but above its 50 period moving average (29.12).

Supports and resistances

32.26 **

31.73 *

31.21 **

30.68

29.63 last

29.28

28.94 **

28.06 *

27.53 **

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