Ethereum Classic Price Technical Analysis – ETC/USD Tumbles Below $18


Key Highlights

  • Ethereum traditional value declined closely and moved under the $20 and $18 helps in opposition to the US greenback.
  • There may be key connecting bearish pattern line forming with resistance at $18.00 on the hourly chart of the ETC/USD pair (Knowledge feed through Kraken).
  • The pair might rise within the quick time period however it could face sellers close to $17.00 and $18.00.

Ethereum traditional value tumbled sharply in opposition to the US Greenback and Bitcoin. ETC/USD is now buying and selling properly under $18.00 and it stays at a threat of extra losses.

Ethereum Classic Price Decline

There was no upside transfer above $21.00 throughout the previous few days in ETC value in opposition to the US greenback. The worth began a draw back transfer and traded under the $20.00 deal with. The draw back transfer was sturdy as the worth even failed to carry the $18.00 help degree. It’s now buying and selling properly under the $18.00 pivot degree and the 100 hourly easy…



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