Ethereum Classic Price Technical Analysis – More Downsides Likely
Ethereum classic price is under a bearish pressure versus BTC, and it may continue to head lower in the near term. Key Highlights. Ethereum classic price after recovering towards 0.00308BTC against Bitcoin found sellers and moved down once again. There is a new connecting bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which is acting as a resistance. It looks like ETC is positioned for more losses in the near term as long as it is below 0.0030BTC. Ethereum Classic Price Resistance. Ethereum classic price this past week managed to recover from the....
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Ethereum classic price is all bearish versus the Bitcoin, and it looks like the ETC/BTC pair is setting up for a new low in the short term. Key Highlights. Ethereum classic price failed to recover yesterday against the Bitcoin and declined below 0.00100BTC. This is a contracting triangle pattern formed on the hourly chart (data feed via Simplefx) of ETC/BTC, which may provide us the next break. The price is at a major risk of additional downsides, and may even break the last low of 0.00092BTC. Ethereum Classic Price New Low. ETC price not even made any attempt to correct higher yesterday....
Ethereum classic price continued to move down versus BTC, and currently looks poised for further losses in the short term. Key Highlights. Ethereum classic price moved down further versus Bitcoin and registered a new weekly low of 0.00268BTC. Yesterday’s highlighted connecting bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) acted as a perfect resistance. Selling rallies can be opted as long as the price is below the 0.0030BTC level. Ethereum Classic Price Decline. Ethereum classic price faced a lot of heat recently against Bitcoin, as it traded lower. I mentioned....
Ethereum classic price managed to find bids near 0.0025BTC and started a recovery against Bitcoin. Can it continue moving higher? Key Highlights. Ethereum classic price started trading higher against Bitcoin, and may present buyers an opportunity soon. This week’s highlighted crucial bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) was broken recently to clear the way for more gains. The price is back at 0.0035BTC, which is currently acting as a resistance. Ethereum Classic Price Break. Ethereum classic price ETC managed to gain traction around the recent low of....
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 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....