Ethereum Classic Price Technical Analysis – ETC Recovery Started

Ethereum classic price after trading as low as 0.00107BTC started a recovery, but remains in the bearish zone and may continue to weaken. Key Highlights. Ethereum classic price declined further against the Bitcoin, and almost tested the 0.00100BTC support. A new low was formed at 0.00107BTC before the price started a recovery. There was a bearish trend line on the hourly chart (data feed via Simplefx) of ETC/BTC, which was broken during the recent recovery. Ethereum Classic Price Failed Recovery? There were clear chances of more declines in ETC price against the Bitcoin. The price did....

Ethereum classic price started to trade in a range above a support area versus Bitcoin. Can buyers gain strength for a recovery? Key Highlights. Ethereum classic price after a decline against Bitcoin started to consolidate above a major support of 0.0020BTC. Yesterday’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) is still in play and acting as a resistance. There is a minor chance of a recovery in ETC/BTC if the price continues to consolidate above 0.0020BTC. Ethereum Classic Price Support. Ethereum classic price yesterday moved down and traded....

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 started moving higher against the Bitcoin to trade as high as 0.00145BTC before starting a correction. Key Highlights. Ethereum classic price started recovering this past week against the Bitcoin, and moved above 0.00120BTC. There is now a bullish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which may act as a support on the downside. The price is currently correcting lower, but remains supported on the downside. Ethereum Classic Price Trend Line Support. I highlighted this past week that ETC price may have started a recovery phase. The....

Ethereum classic price broke a short-term resistance, but this break cannot be encouraging until ETC/BTC closes back above 0.00208BTC. Key Highlights. Ethereum classic price after creating a minor new low versus Bitcoin started to recover. There was a bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which was broken during the recent recovery. However, yesterday’s highlighted resistance area at 0.00208BTC is still in place. Ethereum Classic Price Recovery. Ethereum classic price after declining versus Bitcoin, formed a minor new low. The price traded as....