Ethereum Classic Price Technical Analysis – ETC/USD Could Retest $25

Key Highlights

  • Ethereum traditional worth discovered a help close to the $22.50 degree after a slide from $25.60 in opposition to the US greenback.
  • There’s a main bullish development line forming with help at $23.00 on the hourly chart of the ETC/USD pair (Knowledge feed through Kraken).
  • The pair stays effectively positioned in an uptrend and it might rise in direction of the $25.00 degree within the close to time period.

Ethereum traditional worth is buying and selling properly in opposition to the US Greenback and Bitcoin. ETC/USD stays effectively supported above $23.00 and it could quickly acquire traction in direction of $25.00.

Ethereum Classic Price Help

After buying and selling above the $25.50 degree, ETC worth began a draw back correction in opposition to the US greenback. The ETC/USD pair declined and traded under the $25.00 and $24.00 help ranges. There was even a break under the 50% Fib retracement degree of the final wave from the $20.00 swing…

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