Ethereum Classic Price Technical Analysis – ETC Declining Streak Continues
Ethereum classic price declining streak against the Bitcoin extended, as the ETC/BTC fell below 0.00120. More losses are likely going forward. Key Highlights. Ethereum classic price fell further, and weakened a lot against the Bitcoin. This past week’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) is still intact and acting as a hurdle. The recent low was 0.00113BTC, which remains at a risk in the short term. Ethereum Classic Price Heavy Losses. No doubt, Ethereum classic price is under heavy selling pressure versus the Bitcoin, as it collapsed....
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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....
Ethereum classic price declining streak continued yesterday against the Bitcoin, but the downside momentum was not on the higher side. Key Highlights. Ethereum classic price formed a new weekly low against the Bitcoin, and traded as low as 0.00146BTC. Yesterday’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) acted as a resistance and pushed the price down The price remains at a risk of further declines, and may trade towards 0.00145BTC. Ethereum Classic Price Decline. There was no respite for ETC Classic price, as it continued to decline against the....
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....
Ethereum classic price attempt to recover versus Bitcoin failed, as the price remained under a major resistance area of 0.00205BTC. Key Highlights. Ethereum classic price after a decline against Bitcoin attempted a recovery, but failed near 0.00205BTC. There is a new bearish trend line forming on the hourly chart of ETC/BTC (data feed via Simplefx), which is acting as a resistance. The price remains at a risk of more declines in the near term as long as it is below the 100 hourly simple moving average. Ethereum Classic Price Decline. Ethereum classic price managed to correct a few points....
Ethereum classic price continued to consolidate above 0.0020BTC, and it looks like it may do so for some time before a recovery. Key Highlights. Ethereum classic price remained above a major support of 0.0020BTC versus Bitcoin during the past few sessions. A long followed highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) remained in action and preventing gains in ETC. The ETC buyers need to break the trend line resistance for a recovery in the near term. Ethereum Classic Price Resistance. Ethereum classic price after declining towards the 0.0020BTC....