Ethereum Classic Price Technical Analysis – Trend Line Holding Well

Ethereum classic after moving higher found sellers and moved down. Can it continue heading lower or will it bounce back versus Bitcoin? Key Highlights. Ethereum classic spiked higher as forecasted in yesterday’s post and then found sellers. There is currently a bearish trend line formed on the 30-min charts of ETC/BTC, which is acting as a hurdle for an upside move. The current price structure is bearish in the short term, but I still feel there is a chance of a surge towards 0.0035BTC before a major top. Ethereum Classic Resistance. Ethereum classic price ETC was on the rise yesterday. I....

Ethereum classic price after trading a few points higher traded down. It looks like ETC may continue to head lower moving ahead. Key Highlights. Ethereum classic price after bouncing a couple of times against the US Dollar traded down. Yesterday’s highlighted bullish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) was broken to open the doors for more losses. If the recent break is true, then there is a chance of more losses in the short term. Ethereum Classic Price Support. Ethereum classic price ETC dipped once yesterday, tested a trend line support and traded higher.....

Ethereum classic price struggle continued during the past 24 hours against Bitcoin. More losses ahead in the ETC/BTC pair? Key Highlights. Ethereum classic price continued to dive against Bitcoin and traded as low as 0.00258BTC. This week’s highlighted crucial bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) is still in play and acting as a resistance. The price may correct a few pips lower in the short term, but remains in a downtrend. Ethereum Classic Price Resistance. Ethereum classic price ETC remained under a lot of bearish pressure against Bitcoin, and there....

Ethereum classic price faced a lot of sellers during the past few hours, and my view of staying bearish on ETC/BTC played well. Key Highlights. Ethereum classic price moved down against the US Dollar just as I anticipated yesterday. Yesterday’s bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) played well and pushed the price down. The price is currently struggling and looks set for more losses in the near term. Ethereum Classic Price Trend Line Resistance. Ethereum classic price stayed in a bearish territory against the US Dollar, and moved down. The price traded....

Ethereum classic price continued to move down against the US Dollar and Bitcoin, and it looks like there may be no relief for the ETC buyers. Key Highlights. Ethereum classic price declined further yesterday against the Bitcoin, and broke the 0.00140BTC support as well. There is a new minor bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx) along with this week’s trend line. Both trend lines can be considered as a major barrier for a recovery in ETC price. Ethereum Classic Price Decline. Yesterday, I mentioned that I believe that ETC price may test the....