Ethereum Classic / Euro may rise to 25.86 - 26.30

Our pivot point stands at 24.41.

Our preference

As long as 24.41 is support look for 26.30.

Alternative scenario

Below 24.41, expect 23.68 and 23.24.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 24.99 and 24.94).

Supports and resistances

27.17 **

26.74 *

26.30 **

25.86

24.99 last

24.70

24.41 **

23.68 *

23.24 **

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