Ethereum Classic Price Analysis: ETC/USD Surging, Could Break $15

2018-8-16 10:45

Key Highlights Ethereum classic price gained bullish momentum and it broke the $12.50 and $13.40 resistances against the US dollar. There is a major bullish trend line in place with support at $13.10 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is likely to accelerate higher above the $14.20 and $15.00 resistance levels in the near term.

Ethereum classic price is gaining traction against the US Dollar and Bitcoin. ETC/USD could continue to move higher towards the $15.00 level.

Ethereum Classic Price Trend

After declining towards the $10.50 level, ETC price found a strong buying interest against the US dollar. The ETC/USD pair started a fresh upward move and broke the $12.50 resistance. It even surged above the $14.00 level and settled above the 100 hourly simple moving average. A new weekly high was formed at $14.37 and later the price corrected lower.

It moved below the 23.6% Fib retracement level of the last wave from the $11.88 low to $14.37 high. However, losses were limited near $13.40. The stated $13.20-40 zone was a resistance earlier and now it is acting as a support. Additionally, it coincides with the 38.2% Fib retracement level of the last wave from the $11.88 low to $14.37 high. Moreover, there is a major bullish trend line in place with support at $13.10 on the hourly chart of the ETC/USD pair. Therefore, if the price dips from the current levels, it is likely to find support near the $13.40 and $13.10 levels. The next support is near $12.50 and the 100 hourly SMA.

The chart suggests that ETC price is placed nicely in a bullish zone above $12.50. It could continue to move higher towards the recent high at $14.37. Above this, the price may perhaps test $15.00.

Hourly MACD – The MACD for ETC/USD is moving nicely in the bullish zone.

Hourly RSI – The RSI for ETC/USD is now well above the 50 level.

Major Support Level – $13.10

Major Resistance Level – $14.35

The post Ethereum Classic Price Analysis: ETC/USD Surging, Could Break $15 appeared first on NewsBTC.

Similar to Notcoin - TapSwap on Solana 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 $ 13.62 (-100%)

ethereum etc usd classic price bullish pair

ethereum etc → Результатов: 126


Ethereum Classic за сутки взлетел на 30% и готовится ворваться в ТОП-10 криптовалют

Ethereum Classic (ETC) продолжает уверенно расти в цене, за последние 24 часа монета подорожала еще почти на 30%. На момент публикации данного обзора курс ETC вырос до $9,96 (+29,97%). Рыночная капитализация альткоина сейчас превышает $1,153 млрд.

2020-1-20 13:41


Ethereum Classic за сутки взлетел на 30% и готовится ворваться в ТОП-10 криптовалют

Ethereum Classic (ETC) продолжает уверенно расти в цене, за последние 24 часа монета подорожала еще почти на 30%. На момент публикации данного обзора курс ETC вырос до $9,96 (+29,97%).

2020-1-17 16:02


Ethereum Classic [ETC] might boost security value of Ethereum, claims ETC’s Donald McIntyre

Ethereum [ETH] is one of the most proficient cryptos in the space and its wider adoption has become one of the most speculated and debated topics in the cryptosphere. Recently, Ethereum [ETH] welcomed a major partnership with Ernst and Young, which could signal the release of its new-zero proof technology on the Ethereum blockchain.

2019-4-22 20:30


Скамеры пытаются воспользоваться предстоящими форками ETC и ETH

Предстоящие форки Эфириума и Ethereum Classic породили новых скамеров: мошенники Ethereum Nowa представляются форком ETH, а Ethereum Classic Vision – форком ETC, чтобы украсть криптовалютные активы доверчивых пользователей.

2019-1-11 12:42


Ethereum Classic (ETC) 51% attack proof that shitcoins have no hope of succeeding?

On January 7th, the story broke about Ethereum Classic, the less popular result of the much-publicized post-DAO-hack Ethereum hard fork, suffering a 51% attack. After more than 200 thousand ETC ended up being stolen through double spending attacks and transaction reversal, ETC development team reacted and promised to look into a solution to what appears […] The post Ethereum Classic (ETC) 51% attack proof that shitcoins have no hope of succeeding? appeared first on CaptainAltcoin.

2019-1-9 12:57


«Мост мира»: Ethereum Foundation жертвует Ethereum Classic 15 000 токенов ETC в знак примирения и сотрудничества

30 октября Ethereum Foundation cообщила, что жертвует 15 000 токенов ETC в адрес Ethereum Classic Cooperative. Объявление было сделано в официальном блоге Ethereum Special Projects на сайте Medium. Оно даёт все основания говорить о том, что две структуры, долгое время игнорировавшие друг друга, начи...

2018-10-30 21:58


Ethereum Classic (ETC) Hits Two New Exchanges

The Ethereum Classic team has announced the listing of ETC coin on two new exchanges, Coinbene and NovaExchange, in different tweets. The tweets read, Brazilian Exchange @CoinbeneBrasil Now Offers $ETC Trading #ClassicIsComing #EthereumClassic Ethereum Classic Deposits Now Open on @nova_exchange #EthereumClassic #ClassicIsComing CoinBene, a Singapore based exchange which aims to provide excellent digital financial asset […] The post Ethereum Classic (ETC) Hits Two New Exchanges appeared first on ZyCrypto.

2018-6-24 21:07