Ethereum Classic / Euro may fall to 21.54 - 21.84

22.91 is our pivot point.

Our preference

As long as 22.91 is resistance look for 21.54.

Alternative scenario

Above 22.91, look for 23.42 and 23.73.

Comment

The RSI is above 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI would call for further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 22.46 and 22.47).

Supports and resistances

23.73 **

23.42 *

22.91 **

22.71

22.46 last

21.84

21.54 **

21.23 *

20.93 **

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