Ethereum Classic has tapped the critical $23.00 line for the first time since June 6, following a consecutive six-day rally. ETC also breached the daily 100 EMA for the first time since March and stands the chance of prompting a momentum change if it closes the day’s candle above this line. Better still, ETC could put $30.00 back into focus if it manages a candle close above the $23.00 mark.
However, the price appears to be in overheated conditions (see stochastic indicator), warranting some cautions on bullish bets. Regardless, the cryptocurrency stands a real chance of sustaining the newly acquired bullish momentum. As mentioned earlier, the price rejuvenation comes after the confirmation of a possible launch date for the Ethereum Merge upgrade.
Meanwhile, my resistance levels are $23.00, $25.00, and $30,00, and my support levels are $20.00, $18.00, and $17.00.
Total Market Capitalization: $1.01 trillion
Ethereum Classic Market Capitalization: $3.06 billion
Ethereum Classic Dominance: 0.3%
Market Rank: #24
However, the price appears to be in overheated conditions (see stochastic indicator), warranting some cautions on bullish bets. Regardless, the cryptocurrency stands a real chance of sustaining the newly acquired bullish momentum. As mentioned earlier, the price rejuvenation comes after the confirmation of a possible launch date for the Ethereum Merge upgrade.
Meanwhile, my resistance levels are $23.00, $25.00, and $30,00, and my support levels are $20.00, $18.00, and $17.00.
Total Market Capitalization: $1.01 trillion
Ethereum Classic Market Capitalization: $3.06 billion
Ethereum Classic Dominance: 0.3%
Market Rank: #24
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.