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Why traders should keep a close eye on the Ethereum Classic price

From fxstreet.com

Ethereum Classic price is one everyday traders’ immediate radar as the potential for another countertrend rally lingers amidst the current selloff. Since September 6, the Ethereum Classic price has lost 30% of its market value. The bears have increasingly steepened the decline as the days have progressed. Ethereum Classic price currently auctions at $29. The Relative Strength Index shows the ETC price coming into a crucial barrier on the 2-day chart. However, there are no divergences as of yet. The potential for a signal to show up remains and should prompt traders to stay alert during the remainder of September. ... (full story)

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  • Category: Technical Analysis