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....
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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 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 dived down versus Bitcoin and tested the final sell target of 0.0020BTC as forecasted in yesterday’s post. Key Highlights. Ethereum classic price continued to move down against Bitcoin and tested the 0.0020BTC level as forecasted. 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 final sell target in ETC/BTC was achieved, and I think it’s time to stay away for the next move. Ethereum Classic Price Losses. Ethereum classic price weakened further during the past 24....
Ethereum classic price continued to face selling pressure versus Bitcoin and declined. Can ETC/BTC recover in the near term? Key Highlights. Ethereum classic price declined against Bitcoin further and traded below the 0.0020BTC level. This week’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) is put to test at the moment. The price is currently struggling to clear the 100 hourly simple moving average, which is acting as a resistance. Ethereum Classic Price Resistance. Ethereum classic price continued to decline against Bitcoin and even broke....
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....