Ethereum Classic Price Technical Analysis – ETC Weakness Continue
Ethereum classic price faced a lot of offers recently, and the daily chart of ETC/BTC suggests more declines in the near term. Key Highlights. Ethereum classic price remained in the bearish zone against the Bitcoin, and may continue to trade lower. When we look at the daily chart of ETC/BTC (data feed via Simplefx), there is a monster bearish trend line acting as a resistance. The pair is currently trading near the recent low of 0.00150BTC, and may break it for more losses. Ethereum Classic Price Resistance. Ethereum Classic price saw a lot many bad weeks recently, as it declined....
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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 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 failed to continue trading higher against the Bitcoin, and may again trade lower in the short term. Key Highlights. Ethereum classic price looks like struggling to retain the bullish bias, and may decline soon versus the Bitcoin. There is a contracting triangle pattern formed on the hourly chart of ETC/BTC (data feed via Simplefx), which may be cleared for a downside move. The price may once again trade towards an important support area of 0.00150BTC. Ethereum Classic Price Decline. Ethereum Classic price managed to pop higher yesterday against the Bitcoin to trade....
Ethereum classic price moved down against Bitcoin, and formed a new weekly low. ETC/BTC currently remains under selling pressure. Key Highlights. Ethereum classic price remained in a downtrend against Bitcoin, and it looks like it may continue to move down. Yesterday’s highlighted crucial bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) continued to act as a resistance area. The price traded below an important support area of 0.0030BTC, which is a bearish sign in the short term. Ethereum Classic Price Decline. Ethereum classic price ETC continued to face sellers....
Ethereum classic price after trading as low as 0.00107BTC started a recovery, but remains in the bearish zone and may continue to weaken. Key Highlights. Ethereum classic price declined further against the Bitcoin, and almost tested the 0.00100BTC support. A new low was formed at 0.00107BTC before the price started a recovery. There was a bearish trend line on the hourly chart (data feed via Simplefx) of ETC/BTC, which was broken during the recent recovery. Ethereum Classic Price Failed Recovery? There were clear chances of more declines in ETC price against the Bitcoin. The price did....