Ethereum Classic (ETC) Drops By 15% Since April Highs

ETH/USD COINBASE:ETHUSD

Brian7877

ETC has been decreasing underneath a descending resistance line since Sept 6. The downward movement led to a low of $21.20 on Jan 22.

The price has been moving upwards since and managed to break out from the descending resistance line on March 20. This led to a high of $52.99 on March 26. But, the price has been falling since.

ETC broke down below the $28.50 area during the decrease, which is now expected to provide resistance.

You might be interested in …

Trading View May 15, 2022

Doge coin to the moon or maybe not

Doge coin to the moon or maybe not Dogecoin / TetherUS BINANCE:DOGEUSDT techbudsolution DOGE attempted a rebound on the 4-hour chart but was unable to maintain the bounce. A bearish candle with a long wick […]

Trading View March 17, 2022

BTC is fighting the resistance.

BTC is fighting the resistance. Bitcoin / TetherUS BINANCE:BTCUSDT cryptodailyuk Hello everyone, let’s take a look at the BTC to USDT chart on a 1 day timeframe. As you can see, the price moves in […]

Trading View March 22, 2022

Bullish Convergence on MACD and Hidden Bullish Divergence on RSI

Bullish Convergence on MACD and Hidden Bullish Divergence on RSI FTT / USD FTX:FTTUSD RizeSenpai FTT has reacted to the PCZ of a Bullish Gartley on the Weekly and has since begun to develop Weekly […]