Ethereum Classic Price Technical Analysis – ETC Just Formed Bottom
Ethereum classic made a nice move higher versus Bitcoin, and it looks like ETC/BTC is positioned for more gains in the short term. Key Highlights. Ethereum classic price after forming a bottom near 0.00182BTC against the Bitcoin jumped higher. There was a sharp move higher, as the ETC/BTC pair broke yesterday’s highlighted bearish trend line on the hourly chart (data feed via Simplefx). The price is above the 100 hourly simple moving average, which is good for ETC buyers. Ethereum Classic Price Break. Ethereum classic price was bid aggressively around the last swing low of 0.00182BTC....
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Ethereum classic price formed yet another low against the Bitcoin, and it looks like ETC/BTC downtrend is still intact. Key Highlights. Ethereum classic price traded further lower against the Bitcoin and broke the last low of 0.00106BTC. The price is currently recovering, but facing sellers near a bearish trend line formed on the hourly chart (data feed via Simplefx) of ETC/BTC. A break above it may initiate further recovery in ETC in the short term. Ethereum Classic Price New Low. ETC price continued to trade lower against the Bitcoin, and also broke yesterday’s low of 0.00106BTC. A new....
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....
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 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 declined and closed below 0.0040BTC. It looks like there are chances of more losses moving ahead in ETC/BTC. Key Highlights. Ethereum classic price continued to move down against Bitcoin, and my view of not investing in ETC proved correct. There is a new bearish trend line formed on the 30-min chart of ETC/BTC (data feed via Simplefx), which is acting as a resistance for an upside move. A break below the recent low of 0.0033BTC may call for more losses in the near term. Ethereum Classic Price Decline. Ethereum classic price ETC in a no surprise move traded lower....