Ethereum Classic / Dollar may rise to 26.50 - 26.92

Our pivot point is at 25.13.

Our preference

Rebound towards 26.92.

Alternative scenario

Below 25.13, expect 24.43 and 24.02.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (25.66) but below its 50 period moving average (26.01).

Supports and resistances

27.75 **

27.33 *

26.92 **

26.50

25.68 last

25.40

25.13 **

24.43 *

24.02 **

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