Ethereum Classic / Dollar may fall to 24.13 - 24.54

Our pivot point stands at 25.99.

Our preference

The downside prevails as long as 25.99 is resistance.

Alternative scenario

Above 25.99, look for 26.68 and 27.09.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 25.48 and 25.45).

Supports and resistances

27.09 **

26.68 *

25.99 **

25.72

25.36 last

24.54

24.13 **

23.72 *

23.32 **

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