Ethereum Classic / Euro may rise to 25.81 - 26.24

24.36 is our pivot point.

Our preference

Rebound.

Alternative scenario

Below 24.36, expect 23.63 and 23.20.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (24.77) but below its 50 period moving average (24.95).

Supports and resistances

27.12 **

26.68 *

26.24 **

25.81

24.94 last

24.65

24.36 **

23.63 *

23.20 **

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