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Ethereum Classic Price Prediction: ETC is dead money under $47

From fxstreet.com

Ethereum Classic price has collapsed 80% from the May high and 60% from the corrective high on May 26, taking the cryptocurrency below the 2018 high. Now that ETC resides below the 2018 high, it will be challenging to mount a compelling advance in the short term, forcing investors to transit cautiously until a timely entry price can be distinguished from the general level of uncertainty. Ethereum Classic price has entered a turbulence zone: Ethereum Classic price has suffered a remarkable reversal of fortunes, going from a staggering advance of 1,230% from the March breakout to the May high of $158.76 to an 80% ... (full story)

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  • Category: Technical Analysis