Ethereum Classic / Dollar may fall to 24.85 - 25.27

Our pivot point stands at 26.67.

Our preference

Eye 24.85.

Alternative scenario

The upside breakout of 26.67, would call for 27.38 and 27.80.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is below its 20 period moving average (26.30) but above its 50 period moving average (26.03).

Supports and resistances

27.80 **

27.38 *

26.67 **

26.39

26.12 last

25.27

24.85 **

24.43 *

24.01 **

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