Ethereum Classic Price Technical Analysis – ETC Signaling Losses

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 declining streak against the Bitcoin extended, as the ETC/BTC fell below 0.00120. More losses are likely going forward. Key Highlights. Ethereum classic price fell further, and weakened a lot against the Bitcoin. This past week’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) is still intact and acting as a hurdle. The recent low was 0.00113BTC, which remains at a risk in the short term. Ethereum Classic Price Heavy Losses. No doubt, Ethereum classic price is under heavy selling pressure versus the Bitcoin, as it collapsed....

Ethereum classic price extended its decline below 0.00145BTC, and remained at a risk of a move towards the all-important 0.00140BTC. Key Highlights. Ethereum classic price made yet another down move against the Bitcoin, to trade below yesterday’s low to form a new low of 0.00143BTC. This week’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) stopped the buyers once again from taking the price higher. There are chances of additional losses in the near term as long as the trend line resistance is intact. Ethereum Classic Price Continuing Losses. ETC....

Ethereum classic price is currently consolidating losses against the Bitcoin, and there is a chance of ETC/BTC recovering further in the short term. Key Highlights. Ethereum classic price after a decline this past week against the Bitcoin started a consolidation move. There is a crucial resistance forming on the upside at 0.00127BTC on the hourly chart of ETC/BTC (data feed via Simplefx). On the downside, there is a minor bullish trend line formed, acting as a support. Ethereum Classic Price Recovery. ETC price after trading as low as 0.0016BTC against the Bitcoin started correcting....

Ethereum classic price declined and closed below 0.0040BTC. It looks like there are chances of more losses moving ahead in ETC/BTC. Key Highlights. Ethereum classic price continued to move down against Bitcoin, and my view of not investing in ETC proved correct. There is a new bearish trend line formed on the 30-min chart of ETC/BTC (data feed via Simplefx), which is acting as a resistance for an upside move. A break below the recent low of 0.0033BTC may call for more losses in the near term. Ethereum Classic Price Decline. Ethereum classic price ETC in a no surprise move traded lower....