Ethereum Classic Price Technical Analysis – Can ETC Hold Uptrend?

Ethereum classic price continued its uptrend and gained by more than 20%. However, I feel it may be topping soon for a short-term correction. Key Highlights Ethereum classic price surged higher against Bitcoin and traded close to the 0.0048BTC level. There is likely a double top pattern forming around the mentioned level, so the bulls need to be very careful. There is a bullish trend line formed on the hourly chart of ETC/BTC, which may act as a support if the price corrects lower. Ethereum Classic Price Resistance Ethereum classic price ETC surged further during the past 24 hours against....

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 failed and traded lower against Bitcoin. ETC/BTC cleared all hurdles for a downside move, suggesting more losses. Key Highlights. Ethereum classic price failed to hold gains versus Bitcoin and broke a major support area. Yesterday’s highlighted bullish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) was broken during the recent losses. The price is now below a major support area of 0.00208BTC, which may now act as a resistance. Ethereum Classic Price Resistance. Ethereum classic price after a minor correction versus Bitcoin failed to hold gains and....

Ethereum classic is currently in the bullish zone versus Bitcoin, but need to hold the 0.00195BTC to remain in action in the near term. Key Highlights. Ethereum classic price after trading as high as 0.00204BTC against the Bitcoin started correcting lower. There is a short-term bullish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which may provide support. The 0.00195BTC is a support area where the ETC buyers are likely to appear soon. Ethereum Classic Price Buy Dips. Ethereum classic price was seen trading with a positive tone versus Bitcoin during the past....

Ethereum Price Key Highlights. Ethereum price retreated from its recent rally upon hitting a high of 0.00294 but might be ready to resume its climb soon. Price has pulled back to the moving averages, which might hold as dynamic support areas, and could gather more bullish momentum. Ethereum price is taking a break from its uptrend but might be due to head north again, if the near-term inflection points hold as support. Correction Over? Technical indicators seem to be suggesting that the ethereum price correction is already over, as stochastic made it out of the oversold region and is....