Ethereum Classic Price Technical Analysis – ETC Approaching Support
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....
Related News
Ethereum classic price is currently trading in a range, which is contracting and may break soon for the next leg in ETC/BTC. Key Highlights. Ethereum classic price continued to trade in a range versus Bitcoin, but approaching a break soon. Yesterday’s minor bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) is still in play and acting as a barrier. The price needs to break either resistance or support for the next move going forward. Ethereum Classic Price Support. Ethereum classic price slowly and steadily moved inside a tiny range on the hourly chart versus the....
Following three consecutive sessions of declines, BTC was fast approaching its support level of $40,000 on Friday, as markets prepared for February’s nonfarm payrolls report. This came as ETH also fell lower, and is approaching its own floor of $2,500 in the process. Bitcoin BTC bulls have been few and far between over the last few days, as the world’s largest cryptocurrency faced growing pressure from bears. This pressure came following Tuesday’s climb to the resistance level of $45,000, which then triggered an onslaught of short sellers, who entered the market. As....
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 fell during the past few hours and it looks like under a lot of bearish pressure versus Bitcoin at the moment. Key Highlights. Ethereum classic price finally broke down against Bitcoin and tested the 0.00218BTC support. There was a close below yesterday’s stated support area of 0.00225BTC in ETC/BTC. The same broken support area may now act as a resistance if the price moves higher from the current levels. Ethereum Classic Price Resistance. Ethereum classic price as seen trading in a range against Bitcoin before the price started moving down. Yesterday’s highlighted....
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....