Ethereum Classic Price Technical Analysis – ETC Bears In Control

Ethereum Classic Price Technical Analysis – ETC Bears In Control

Ethereum classic price declining streak continued yesterday against the Bitcoin, but the downside momentum was not on the higher side. Key Highlights. Ethereum classic price formed a new weekly low against the Bitcoin, and traded as low as 0.00146BTC. Yesterday’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) acted as a resistance and pushed the price down The price remains at a risk of further declines, and may trade towards 0.00145BTC. Ethereum Classic Price Decline. There was no respite for ETC Classic price, as it continued to decline against the....


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Ethereum Classic Price Technical Analysis – Test of 0.0020BTC Likely

Ethereum classic price faced a lot of offers recently versus Bitcoin, and it may continue to face sellers in the near term. Key Highlights. Ethereum classic price continued to weaken against Bitcoin and looks set for more losses moving ahead. There is a bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which may act as a hurdle if the price recovers. It looks like the ETC may decline further and test the all-important 0.0020BTC level. Ethereum Classic Price Decline. Ethereum classic price failed to move higher against Bitcoin and traded lower. In my last....

Ethereum Classic Price Technical Analysis – ETC Hesitates, But May Recover

Ethereum classic price after diving yesterday found support at 0.0035BTC. Can ETC recover in the near term or will it move down? Key Highlights. Ethereum classic price collapsed against Bitcoin, as I was thinking and traded as low as 0.0035BTC. There was a bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which was cleared recently to ignite a recovery. A recovery in ETC may not be easy, as buyers may face a lot of sellers on the upside. Ethereum Classic Price Resistance. Ethereum classic price ETC continued to move down against Bitcoin yesterday, and....

Ethereum Classic Price Technical Analysis – New Low In ETC

Ethereum classic price declined further against Bitcoin and my view of selling rallies and a test of 0.0020BTC did well. Key Highlights. Ethereum classic price traded further down versus Bitcoin and tested the 0.0020BTC level as forecasted. This week’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) acted as a perfect barrier for a downside push. The price remains at a risk of more declines since sellers seem to be in control at the moment. Ethereum Classic Price Decline. Ethereum classic price failure to move higher versus Bitcoin continued, as the....

Ethereum Classic Price Technical Analysis – ETC Heading Towards Break

Ethereum classic price failed to continue trading higher against the Bitcoin, and may again trade lower in the short term. Key Highlights. Ethereum classic price looks like struggling to retain the bullish bias, and may decline soon versus the Bitcoin. There is a contracting triangle pattern formed on the hourly chart of ETC/BTC (data feed via Simplefx), which may be cleared for a downside move. The price may once again trade towards an important support area of 0.00150BTC. Ethereum Classic Price Decline. Ethereum Classic price managed to pop higher yesterday against the Bitcoin to trade....

Ethereum Price Technical Analysis – ETH/USD Bears In Control

Ethereum price attempted a minor bounce against the US Dollar, but failed. It looks like the ETH/USD may continue to remain in control today. Key Highlights. ETH price struggle to move higher against the US Dollar continued, as it found resistance near $10.75 yesterday. Yesterday’s highlighted trend lines on the hourly chart (data feed via SimpleFX) of ETH/USD are still intact and preventing an upside move. It looks like the price may decline further towards the $10.40 level. Ethereum Price Downsides. ETH price remained under a lot of bearish pressure yesterday against the US Dollar. There....