Ethereum Classic Price Technical Analysis – Continue Selling ETC

Ethereum Classic Price Technical Analysis – Continue Selling ETC

Ethereum classic price moved down against Bitcoin, and formed a new weekly low. ETC/BTC currently remains under selling pressure. Key Highlights. Ethereum classic price remained in a downtrend against Bitcoin, and it looks like it may continue to move down. Yesterday’s highlighted crucial bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) continued to act as a resistance area. The price traded below an important support area of 0.0030BTC, which is a bearish sign in the short term. Ethereum Classic Price Decline. Ethereum classic price ETC continued to face sellers....


Related News

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/BTC Trend Bearish

Ethereum classic price may continue to weaken, and the 4-hours chart of ETC/BTC points a break down if the bulls do not appear soon. Key Highlights. Ethereum classic price remained under heavy selling pressure and traded as low as 0.00106BTC. The 4-hours (data feed via Simplefx) of ETC/BTC clearly suggests a bearish trend with many resistances on the upside. The most important hurdle on the upside is near 0.00115BTC, followed by 0.00121BTC. Ethereum Classic Price Decline. There was a minor recovery in ETC price against the Bitcoin yesterday, but the price could not retain the momentum.....

Ethereum Classic Price Technical Analysis – Selling ETC Worked

Ethereum classic price fell once again versus the Bitcoin and it looks like ETC may remain under a bearish pressure for some time. Key Highlights. Ethereum classic price traded further lower against the Bitcoin, and tested the last low of 0.00182BTC. Yesterday’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) acted as a perfect barrier for the bulls. The price is under a bearish pressure, and sellers may attempt to break the last low of 0.00182BTC. Ethereum Classic Price Downside Move. Ethereum classic price struggle to trade higher against Bitcoin....

Ethereum Classic Price Technical Analysis – ETC Weakness Continue

Ethereum classic price faced a lot of offers recently, and the daily chart of ETC/BTC suggests more declines in the near term. Key Highlights. Ethereum classic price remained in the bearish zone against the Bitcoin, and may continue to trade lower. When we look at the daily chart of ETC/BTC (data feed via Simplefx), there is a monster bearish trend line acting as a resistance. The pair is currently trading near the recent low of 0.00150BTC, and may break it for more losses. Ethereum Classic Price Resistance. Ethereum Classic price saw a lot many bad weeks recently, as it declined....

Ethereum Classic Price Technical Analysis – New Low In ETC

Ethereum classic price failed to recover against the Bitcoin, and it looks like the ETC/BTC pair may continue to trade lower in the medium term. Key Highlights. Ethereum classic price declined further versus the Bitcoin and formed a new low below 0.00150BTC. There is a new tiny bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which is currently acting as a resistance. The price is under pressure, and there are chances of further losses in the short term. Ethereum Classic Price Trend. Yesterday, I highlighted how Ethereum classic price is in a downtrend....