Ethereum Classic Price Technical Analysis – ETC To Remain In Downtrend?
Ethereum classic price may remain in a downtrend against the Bitcoin, as even the higher time frame charts are turning bearish at the moment. Key Highlights. Ethereum classic price remained under a lot of bearish pressure against the Bitcoin during the past few weeks. Looking at the 4-hours chart of ETC/BTC (data feed via Simplefx), the pair is under heavy selling pressure, and may extend its downside move. As mentioned yesterday, there is even a chance of a move towards the 0.00100BTC support. Ethereum Classic Price Decline. ETC price was bearish throughout this week against the US dollar....
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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 remained in a downtrend versus BTC, and it looks like there is a lot of risk at the moment for more losses in ETC. Key Highlights. Ethereum classic continued to face selling pressure versus Bitcoin and may trade further down. There is a bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which is acting as a resistance. A break below 0.0030BTC may push the price towards the last swing low of 0.0026BTC. Ethereum Classic Price Resistance. Ethereum classic price ETC struggle continues, as it failed to find buyers versus Bitcoin. There is a....
Ethereum Classic (ETC) produced a godlike candle as the market’s sentiments changed to bullish against tether (USDT). The crypto market has become promising as most altcoins appear bullish, coming out of their shells with the like of Ethereum Classic producing double gains ahead of the “Ethereum Merge” sentiment pulling altcoins higher. (Data from Binance) Related Reading: $500 Million In Bitcoin Shorts Pile In As BTC Price Sits Below $20,000, Will They Get Squeeze? Ethereum Classic (ETC) Price Analysis On The Weekly Chart The price of ETC has had a tough time in recent....
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 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....