ETC next stop could be the nearest Fib retracement level ,50%, that is $18.9 level. Break above should push price high and could potentially be the beginning of a long term uptrend continuation.
Ethereum Classic (ETC) found the bottom at $12 after which it started to move up breaking above the 200 Moving Average. The price patter shows that ETC/USD produced higher highs and higher lows, suggesting the beginning of an uptrend.
At the same time ETC continues to bounce off the uptrend and currently trading very close to it. Current support is seen at 23.6%, that is $15 area and it is likely that it will be retested, along with the 200 Moving Average. But price could also start moving higher without any correction and seems like the buying opportunity is presenting itself.
As has been mentioned, the correction down is possible but in worst case scenario price could get back to $12 support level, but only break and close below that level would invalidate bullish outlook with confidence.
moon moon moon
request all users to only buy once 200 MA gets crossed on daily time frame.
Thanks for informing
Ethereum classic price will be sky rocket because of coinbase .
Thanks alot.
Once i bought ETC at around 35$ then it went to 45$ as i was a great noob i didnt sell it and thought it will go up and up. But it gets down and finaly i sell it on 37$. What i learn that day is its important to learn the behaviour and prediction of a coin before buying it and thats you are doing brother.
Yes true, even I purchased ETC around $35 and sold at $29. I have learned alot from Crypto industry
crypto industry is very profitable and lossable also
Yes true, but who takes risk will win.
It seems etc going to moon .i upvt u now ur trn
Yes, ETC to the moon soon. Done for you also.
Thank for info
Your welcome
After listing on coinbase ethereum classic price will spike up can beat other top crypto currencies.
I didn't buy ETC yet. After your post have to analysis this coin. Thanks for your post.