Ethereum Classic / Dollar may rise to 24.56 - 24.91

Our pivot point is at 23.41.

Our preference

As long as 23.41 is support look for 24.91.

Alternative scenario

Below 23.41, expect 22.83 and 22.48.

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 23.84 and 23.40).

Supports and resistances

25.60 **

25.25 *

24.91 **

24.56

23.87 last

23.64

23.41 **

22.83 *

22.48 **

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