Ethereum Classic Price Technical Analysis – ETC/BTC Short-Term Correction
Ethereum classic price declined further versus the Bitcoin, and traded as low as 0.00091BTC before starting a short-term correction. Key Highlights. Ethereum classic price after creating another low against the Bitcoin at 0.00091BTC started correcting higher. There was a bearish trend line formed on the hourly chart (data feed via Simplefx) of ETC/BTC, which was broken to start a short-term correction. The price during the upside move stopped at 0.00100BTC, which acted as a resistance. Ethereum Classic Price Resistance. ETC price traded further lower against the Bitcoin, moved below the....
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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 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 is under renewed selling pressure, and it looks like it won’t be easy for the ETC buyers to attempt a correction. Key Highlights. Ethereum classic price extended its downside move against the Bitcoin, and may trade towards 0.00115BTC. Yesterday’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) is still active on the upside to act as a resistance. If there is a minor rise in the short term, then the ETC sellers may appear on the upside. Ethereum Classic Price Resistance. ETC price failed to gain any sort of bids against the....
Ethereum classic price broke a short-term resistance, but this break cannot be encouraging until ETC/BTC closes back above 0.00208BTC. Key Highlights. Ethereum classic price after creating a minor new low versus Bitcoin started to recover. There was a bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which was broken during the recent recovery. However, yesterday’s highlighted resistance area at 0.00208BTC is still in place. Ethereum Classic Price Recovery. Ethereum classic price after declining versus Bitcoin, formed a minor new low. The price traded as....
Ethereum classic price continued its uptrend and gained by more than 20%. However, I feel it may be topping soon for a short-term correction. Key Highlights Ethereum classic price surged higher against Bitcoin and traded close to the 0.0048BTC level. There is likely a double top pattern forming around the mentioned level, so the bulls need to be very careful. There is a bullish trend line formed on the hourly chart of ETC/BTC, which may act as a support if the price corrects lower. Ethereum Classic Price Resistance Ethereum classic price ETC surged further during the past 24 hours against....