Ethereum Classic / Euro may rise to 25.90 - 26.34

Our pivot point stands at 24.45.

Our preference

The upside prevails as long as 24.45 is support.

Alternative scenario

Below 24.45, expect 23.72 and 23.28.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 24.99 and 24.96).

Supports and resistances

27.21 **

26.78 *

26.34 **

25.90

25.03 last

24.74

24.45 **

23.72 *

23.28 **

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