Ethereum Classic Price Technical Analysis – Support Turned Resistance
Ethereum classic price is currently correcting lower versus Bitcoin, as the 0.00250BTC level is acting as crucial resistance for ETC/BTC. Key Highlights. Ethereum classic price continued to face sellers at 0.0024-25BTC versus Bitcoin and struggled to move higher. There is a minor bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which is currently acting as a resistance. On the downside, there is a major support at 0.00225BTC, which is acting as a barrier for sellers. Ethereum Classic Price Downside Move. Ethereum classic price tested the 0.00245-250BTC....
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Ethereum classic price fell during the past few hours and it looks like under a lot of bearish pressure versus Bitcoin at the moment. Key Highlights. Ethereum classic price finally broke down against Bitcoin and tested the 0.00218BTC support. There was a close below yesterday’s stated support area of 0.00225BTC in ETC/BTC. The same broken support area may now act as a resistance if the price moves higher from the current levels. Ethereum Classic Price Resistance. Ethereum classic price as seen trading in a range against Bitcoin before the price started moving down. Yesterday’s highlighted....
Ethereum classic price managed to break the 0.00205BTC resistance, but failed to gain pace. Can it now hold the broken resistance? Key Highlights. Ethereum classic price started to correct a few points higher this past week against Bitcoin and traded above 0.00205BTC. There is a minor bullish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which is currently providing support. The price is now above the 100 hourly simple moving average, which is a positive sign. Ethereum Classic Price Support. Ethereum classic price was seen trading higher against Bitcoin. There....
Ethereum classic price attempt to recover versus Bitcoin failed, as the price remained under a major resistance area of 0.00205BTC. Key Highlights. Ethereum classic price after a decline against Bitcoin attempted a recovery, but failed near 0.00205BTC. There is a new bearish trend line forming on the hourly chart of ETC/BTC (data feed via Simplefx), which is acting as a resistance. The price remains at a risk of more declines in the near term as long as it is below the 100 hourly simple moving average. Ethereum Classic Price Decline. Ethereum classic price managed to correct a few points....
Ethereum classic price continued to consolidate above 0.0020BTC, and it looks like it may do so for some time before a recovery. Key Highlights. Ethereum classic price remained above a major support of 0.0020BTC versus Bitcoin during the past few sessions. A long followed highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) remained in action and preventing gains in ETC. The ETC buyers need to break the trend line resistance for a recovery in the near term. Ethereum Classic Price Resistance. Ethereum classic price after declining towards the 0.0020BTC....
Ethereum classic price found bids one more time near 0.0033-35BTC. Can ETC buyers succeed in taking the price higher in the near term? Key Highlights. Ethereum classic price traded down once again versus Bitcoin, but somehow managed to find bids at 0.0035BTC There is a crucial bearish trend line formed on the 30-min chart of ETC/BTC (data feed via Simplefx), which is preventing the upside break. The price is also below the 100 simple moving average on the same chart, acting as a resistance. Ethereum Classic Price Resistance. Ethereum classic price ETC after finding sellers near yesterday’s....