Ethereum Classic Price Technical Analysis –ETC/BTC Breaks Support

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 failed and traded lower against Bitcoin. ETC/BTC cleared all hurdles for a downside move, suggesting more losses. Key Highlights. Ethereum classic price failed to hold gains versus Bitcoin and broke a major support area. Yesterday’s highlighted bullish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) was broken during the recent losses. The price is now below a major support area of 0.00208BTC, which may now act as a resistance. Ethereum Classic Price Resistance. Ethereum classic price after a minor correction versus Bitcoin failed to hold gains and....

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 is losing grip versus Bitcoin, but as long as the price is above the 0.00198BTC support, there is a chance of an upside move. Key Highlights. Ethereum classic price created a new intraday minor high against the Bitcoin at 0.00206BTC. There is a new connecting bullish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which is currently providing support. The ETC buyers are presently guarding an important support area near 0.00198BTC. Ethereum Classic Price Support. Ethereum classic price continued to trade with a bullish bias against the Bitcoin.....

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....