Ethereum Classic Price Technical Analysis – Can ETC Recover?
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....
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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 failed to recover and traded lower against the Bitcoin towards 0.00170BTC. More losses likely moving ahead. Key Highlights. Ethereum classic price failed to recover versus the Bitcoin, and declined below 0.00180BTC. Yesterday’s highlighted new small 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 looks under a lot of bearish pressure, and may decline further. Ethereum Classic Price New Low. Ethereum classic price faced offers lately, and finally showed swing moves against the....
Ethereum classic price gained heavy bids once it traded below 0.00185BTC and bounced sharply during the past few hours. Key Highlights. Ethereum classic price made a new low against the Bitcoin, and then managed to recover sharply. There was a bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx), which the buyers managed to clear recently. The price is now back above the 0.00200BTC resistance and trading with a positive bias. Ethereum Classic Price Upside Move. Ethereum classic price was under a lot of pressure yesterday versus the Bitcoin, as it traded below the....
Ethereum classic price attempt to recover versus Bitcoin failed, as the price remained under a major resistance area of 0.00205BTC. Key Highlights. Ethereum classic price after a decline against Bitcoin attempted a recovery, but failed near 0.00205BTC. There is a new bearish trend line forming on the hourly chart of ETC/BTC (data feed via Simplefx), which is acting as a resistance. The price remains at a risk of more declines in the near term as long as it is below the 100 hourly simple moving average. Ethereum Classic Price Decline. Ethereum classic price managed to correct a few points....
Ethereum classic price is all bearish versus the Bitcoin, and it looks like the ETC/BTC pair is setting up for a new low in the short term. Key Highlights. Ethereum classic price failed to recover yesterday against the Bitcoin and declined below 0.00100BTC. This is a contracting triangle pattern formed on the hourly chart (data feed via Simplefx) of ETC/BTC, which may provide us the next break. The price is at a major risk of additional downsides, and may even break the last low of 0.00092BTC. Ethereum Classic Price New Low. ETC price not even made any attempt to correct higher yesterday....