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Ethereum Classic Price Prediction: ETC sets stage for 40% ascent

From fxstreet.com

Ethereum Classic price crashed as the cryptocurrency market took a hit on July 20. While many altcoins are consolidating, ETC seems to be preparing for a leg up. Ethereum Classic price sliced through the swing low at $39.68 on June 22 but recovered quickly and rallied roughly 94% over the next week. Now that ETC has shattered the range low again, investors can expect a similar reaction. The first confirmation of the upswing will arrive after ETC bulls reclaim the range low at $39.68. Following this, the buyers need to push Ethereum Classic price to produce a decisive 12-hour candlestick close above $40.93. Such a ... (full story)

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  • Category: Technical Analysis