ETCUSD TECHNICAL ANALYSIS ON H4 TIMEFRAME. Ethereum could be in for a reversal from its slide as it attempts to form a double bottom pattern on the 4-hour time frame. It has a lot of ground to cover before testing the neckline around $225, but a break above this could set off a climb that’s the same height as the reversal formation.
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Ethereum Classic Price Analysis. There was a break below the $10.00 support this past week in ETC price against the US dollar. The ETC/USD pair traded below the $9.20 and $9.00 support levels. A new monthly low was formed at $8.92 before the price started an upside correction. The price moved above the $9.00 level and the 100 hourly simple.
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Key Highlights Ethereum classic price is gaining upside momentum and already moved above $11.80 against the US Dollar. There was a break above a monster bearish trend line with resistance at $12.00 on the hourly chart of ETC/USD (Data feed via Kraken). The pair might soon break the $12.60 resistance to trade further higher in [.
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Ethereum Classic Price Technical Analysis – ETC/USD Grinding Higher. Key Highlights. Ethereum classic price formed a major low at $13.54 and is currently moving higher against the US dollar. There was a break above a major bearish trend line with resistance at $17.80 on the hourly chart of the ETC/USD pair (Data feed via Simple FX).