Ethereum Classic price: ETC looks primed for sharp 22% decline

2023-3-31 23:03

Ethereum Classic price is down 2.5% in the past 24 hours. ETC has failed to ride broader market sentiment, currently poised near $20. A breakdown amid increased sellig could push ETC/USD down 22% to lows of $16.

Ethereum Classic (ETC) has not had a good March as has some of the top cryptocurrencies, including the top two of Bitcoin (BTC) and Ethereum (ETH).

As BTC flirted with resistance around $29,000 on Thursday, and ETH price consolidated near $1,800, Ethereum Classic price looked primed for fresh losses at $20. ETC is flat on the weekly time frame and negative this past 30 days.

ETC price: bulls need to hold $20 or risk double digit decline

The Ethereum Classic price outlook on the daily chart has the ETC/USD pair rejecting at the key supply zone just above $20. The macro downtrend remains in place as bears push bulls from the resistance line of the long term symmetrical triangle pattern.

Ethereum Classic price chart. Source: TradingView

The daily RSI is almost flat at the middle line though, suggesting greater indecisiveness all around. The bulls can take advantage of the lack of major upside action over the past few weeks to push higher. 

But the daily MACD gives buyers no joy and a breakdown in sentiment could threaten a 22% nosedive to the base line support around $16.

On the upside, a break above $24 would see bulls eye $30 and then possibly $39, with a major symmetrical triangle breakout likely to bring $75 into play over coming months.

The post Ethereum Classic price: ETC looks primed for sharp 22% decline appeared first on CoinJournal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ethereum Classic (ETC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $33.89
Капитализация $0 Rank 99999
Цена в час новости $ 20.52 (-100%)

etc down ethereum classic price amid breakdown

Источник: coinjournal.net

etc down → Результатов: 74


Statizex ICO

We defined our development strategy based on empirically acquired knowledge and on the analysis of the work of existing platforms. We spent a lot of time, effort and money developing the statizex platform, faced many challenges and solved many technological issues during its creation, this allowed us to develop a trading platform that fully meets the modern market requirements and high modern technological standards of speed and safety.

2019-10-24 21:03


On Collusion

Special thanks to Glen Weyl, Phil Daian and Jinglan Wang for review Over the last few years there has been an increasing interest in using deliberately engineered economic incentives and mechanism design to align behavior of participants in various contexts.

2019-4-5 04:03


Report: BitHumb fakes 94% of trading volume. Most manipulated coins include WTC, LTC, ETC, XMR, ZEC, OMG, and BTG.

As Yoseph Young explains it, in illiquid markets and trading platforms with inflated volumes, it is relatively easy to manipulate the price of small cryptocurrencies. While it takes many major factors and an unlikely correlation of events to bring down the price of major cryptocurrencies like Bitcoin and Ethereum, researches demonstrate that a similar result […] The post Report: BitHumb fakes 94% of trading volume.

2018-12-20 23:20


A CBC Casper Tutorial

In order to help more people understand “the other Casper” (Vlad Zamfir’s CBC Casper), and specifically the instantiation that works best for blockchain protocols, I thought that I would write an explainer on it myself, from a less abstract and more “close to concrete usage” point of view.

2018-12-6 04:03


дальше еще 25 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Milei Moneda Is Storming the Gates of Crypto Fortune While Ethereum Classic and SATS Lag Behind

TLDR Some investors believe $MEDA might be the best cryptocurrency to invest in now Ethereum Classic dropped by 6.24% over the past week. SATS decreased by 2.49% in price last week. Milei Moneda has been making waves in the crypto space since the start of its presale, with some investors believing it to be a […] The post Milei Moneda Is Storming the Gates of Crypto Fortune While Ethereum Classic and SATS Lag Behind appeared first on CoinJournal.

Ethereum Classic Price Prediction: ETC seems stable whilst Metacade (MCADE) doesn’t stop rising

Web3 is a constantly expanding industry and crypto price action tends to favour projects that can adapt to its fast-changing environment. ETC is a classic example of a project that has been left behind due to its inability to scale with the rest of the industry, which has resulted in some pessimistic price predictions for […] The post Ethereum Classic Price Prediction: ETC seems stable whilst Metacade (MCADE) doesn’t stop rising appeared first on CoinJournal.

Ethereum Classic prediction as the price recovers 4% in a bear market

Ethereum Classic rose 4% on Wednesday. The cryptocurrency remains trapped by a descending trendline. ETC could fall to the July lows as technical indicators sound bearish. Ethereum Classic (ETC/USD) recovered 4% on Wednesday and was among a handful of cryptocurrencies in the green.

Ethereum Classic (ETC) Developers Deny 51% Attack, Double Spend

Cryptocurrency, Ethereum Classic (ETC)–In a bizarre twist for the story developing around Ethereum Classic, developers for the ETC token are now making the claim that the blockchain has not experienced a 51 percent attack, in addition to denying the presence of a double spend.