Ethereum Classic Price Technical Analysis – ETC/USD Retested Key Support

Key Highlights

  • Ethereum traditional worth declined sharply just lately and examined an essential help close to $26.10 towards the US greenback.
  • There are two essential bearish pattern strains forming with resistance close to $28.50 and $29.50 on the hourly chart of the ETC/USD pair (Knowledge feed by way of Kraken).
  • The pair might appropriate greater within the close to time period, nevertheless it received’t be straightforward to interrupt $29.50.

Ethereum traditional worth declined considerably towards the US Greenback and Bitcoin. ETC/USD is at present testing an essential help above $26.00 and it might appropriate greater.

Ethereum Classic Price Support

There was a brand new draw back wave initiated from the $34.50 swing excessive in ETC worth towards the US greenback. The worth traded decrease and settled beneath a number of key help ranges equivalent to $32.00 and $30.00. There was additionally a break beneath the $28.00 help and a detailed beneath the 100 hourly easy…

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