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In the long picture, the ETC price took multiple bearish hits over the past year, resulting in a strong resistance trendline. With each falling trend creating a secondary correction, the breakout brings a buying opportunity.
ETC faced rejection at a crucial hurdle and could offer sellers re-entry positions if price rebounds at the level again.
ETC price has been on a bit of a losing streak lately, dropping about a quarter of its value in the past few months. This is just part of a larger trend, as the daily Ethereum classic price shows a steady decline.
Ethereum Classic [ETC] inched closer a crucial roadblock in September and could see a reversal if sellers exploit it.
Ethereum Classic (ETC) has been grappling with persistent price rejections near the $15.60 mark, leaving traders cautious about taking long positions, especially considering the liquidation data trends.
ETC has faced consistent price rejections near $15.60, a key bearish zone. Can sellers exploit it for another shorting gain?
ETC's price has been on a downward spiral lately, losing about a quarter of its value in the past few months. This is just part of a larger trend, as the daily Ethereum price chart shows a steady decline.
ETC price trend maintains constant multi-contact support at the $14.50 mark, providing a bounce pad for the last 14 months. However, the ETC price action displays a solid overhead selling with lower high formations, leading to a strong resistance trendline. Moreover, the fall back to $14.
With ETC currently trading at $16.48, what can we expect in the weeks ahead? Let's take a look at this ETC price prediction article.
ETC hit a crucial demand zone and rebounded. But overhead obstacles could derail the recovery.
Litecoin was back in the green to start the week, despite the crypto market continuing to trend mostly lower. At the time of writing, the global market cap is down 0.59%, following a recent red wave. Ethereum classic also climbed higher on Monday, hitting a four-day high in the process.
Bearish momentum drove ETC to sink to its June lows as bulls are overwhelmed by selling pressure.
Despite the recent fall, the crypto market is set for a jump in late 2023. Major cryptocurrencies like Bitcoin(BTC) and Ethereum(ETH) maintain positive year-to-date growth. As optimism sustains, investors can find altcoins with the potential to provide higher returns.
The ETC coin price has been on a downward trend for the past week, completing a negative trend within a falling channel. The price was rejected at the resistance trendline, leading to a 5% drop in the price of ETC over the last five days.
Bearish sentiment in the market was reflected in Ethereum Classic's price action, as its price sunk toward a key support level.
I was on vacation for the last week-and-a-half but before I left, I sent a list of things to watch for to my colleagues that in hindsight, was wholly inadequate. Anyway, here's my effort to catch up.
Ethereum Classic's hashrate has been on an increasing trend. But it's TVL and the price has declined over the last few weeks.
ETC took cue from BTC price action and struggled to reclaim its mid-range level. Will the range-low hold?
In the fast-paced world of cryptocurrencies, Ethereum Classic (ETC) has recently shown a 1.0% price increase, reaching $19.11 in the past 24 hours. This deep-dive analysis aims to provide an overview of ETC's market performance, current trends, and future prospects based on the latest data.
Price rejection at key supply zone ushered in selling pressure. However, price could yet rebound in the short term.
Will ETC price break through and embark on a bull run, or will it pull back, succumbing to the pressure at this resistance level?
Conor Grogan, the Head of Product at Coinbase Inc (NASDAQ:COIN), on Wednesday, detailed how he uncovered a substantial sum of dormant cryptocurrencies and successfully reached out to their owner. What Happened: Tracking down and reclaiming dormant wallets is no easy feat, as Grogan discovered.
ETC bulls lost little ground on the lower timeframe after hitting a key supply area. Will this short-term support offer reprieve?
Ethereum Classic (ETC) is currently experiencing a rise in its market price, gaining 13.99% in the last 24 hours, according to data from CoinMarketCap. Following the ETC's dip in the last two days, it appears the bulls have retaken control of the market, pushing the coin to trade above the $20 mark for the first time since April.
