Ethereum Classic Price Technical Analysis – ETC Remain Under Pressure

Ethereum classic price may remain in a downtrend against the Bitcoin, as even the higher time frame charts are turning bearish at the moment. Key Highlights. Ethereum classic price remained under a lot of bearish pressure against the Bitcoin during the past few weeks. Looking at the 4-hours chart of ETC/BTC (data feed via Simplefx), the pair is under heavy selling pressure, and may extend its downside move. As mentioned yesterday, there is even a chance of a move towards the 0.00100BTC support. Ethereum Classic Price Decline. ETC price was bearish throughout this week against the US dollar....

Ethereum classic price fell once again versus the Bitcoin and it looks like ETC may remain under a bearish pressure for some time. Key Highlights. Ethereum classic price traded further lower against the Bitcoin, and tested the last low of 0.00182BTC. Yesterday’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) acted as a perfect barrier for the bulls. The price is under a bearish pressure, and sellers may attempt to break the last low of 0.00182BTC. Ethereum Classic Price Downside Move. Ethereum classic price struggle to trade higher against Bitcoin....

Ethereum classic price moved down below 0.00260BTC and currently recovery. However, it remains below an important resistance of 0.0030BTC. Key Highlights. Ethereum classic price continued to weaken and formed a new low for the week against Bitcoin. This week’s highlighted connecting bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) continue to act as a barrier and preventing gains. The price may remain under a bearish pressure as long as the highlighted trend line resistance holds. Ethereum Classic Price Resistance. Ethereum classic price moved down further versus....

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 struggled during the late part of August 2016 against Bitcoin, and it may remain under pressure in the near term. Key Highlights. Ethereum classic price after an impressive run during the start of August against Bitcoin failed to sustain momentum. It looks like the ETC/BTC pair is forming a consolidation pattern on the 4-hours chart (data feed via Simplefx). On the upside, there is a major resistance near 0.0035BTC, and on the downside support lies at 0.0022BTC. Ethereum Classic Price Range. Ethereum classic price after trading as high as 0.0063BTC against Bitcoin in....