Ethereum Classic / Dollar may rise to 30.74 - 31.26

Our pivot point is at 28.96.

Our preference

As long as 28.96 is support look for 31.26.

Alternative scenario

Below 28.96, expect 28.07 and 27.55.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 29.64 and 29.22).

Supports and resistances

32.32 **

31.79 *

31.26 **

30.74

29.69 last

29.30

28.96 **

28.07 *

27.55 **

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