Ethereum Classic Price Prediction: ETC Forecast Analysis

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Ethereum Classic (ETC) Price Predictions: Market Data Forecasts and ETC/USD Charts

Contents

Ethereum Classic (ETC) Daily Price Forecast: Mar 19, 2019

  • ETC/USD trade now appears facing a correction after losing a momentum while it touched $4.6 mark.
  • ETC/USD trade in the short-term run, has no strong indication of getting out of its current range zones very soon.

ETC/USD Medium-term Trend: Ranging

  • Supply levels: $4.6, $4.8, $5
  • Demand levels: $4, $3.8, $3.6

Since the trading sessions start this week, ETC/USD market has been majorly seeing a series of choppy price movements around $4.4 mark. The crypto-market has now been fluctuating a bit below the aforementioned trade point.

Both the Bollinger Upper and Lower Bands are not too far from the Bollinger Middle Band and the 50-day SMA that are as well located closely around the $4.4 current range zone. The Stochastic Oscillators have conjoint between ranges 40 and 20.

The bulls lost out the momentum on March 16 at the touch of $4.6 point, that has now slightly led the trade into a correction. The market may continue to trade between $4.6 and $4.2 while short ups and downs are expected to characterize the trading zones in the near time.

ETC/USD Short-term Trend: Ranging

Yesterday, ETC/USD trade in the short-term outlook eventually ran northwards in a range format to touch its 50-day SMA indicator from below. Today, the crypto has risen very briefly to touch an upper range mark at $4.4, and its lower range is found at $4.3.

Price has also continued to hover around the conjoint indicators of Bollinger Middle Band and 50-day SMA. More essentially, all the trading indicators are located within the short-term range zones as at the time of writing. The Stochastic Oscillators have crossed hairs to slightly point north a bit above range 20.

There has been no strong indication that this crypto-market would soon be out of its present range spots. However, there could be a good buy entry while the market gently forms a new low level between $4.3 and $4.2 points.

Author: Azeez M


Ethereum Classic (ETC) Long Term Price Forecast: Mar 16, 2019

  • The ETC price is trading at $4.50 as at the time of writing.
  • The price may face resistance at the $4.80 and $5.0 price level.
  • On the upside, if the bulls break the resistance levels, the crypto’s price will reach a high of $5.50.

ETC/USD Long-term Trend: Ranging

  • Resistance levels: $8, $10, $12
  • Support levels: $5, $3, $1.

The ETC/USD pair is in a range bound movement in the month of March. The crypto’s price is fluctuating below and above the 12-day EMA and the 26-day EMA. The EMAs are trending horizontally and indicating that the price is in a range bound movement. On March 14, the bulls broke the EMAs and commenced a bullish movement.

A trend line is drawn to determine the duration of the bullish trend. The crypto’s price is making a series of higher highs and higher lows. The ETC price is trading at $4.50 as at the time of writing. The price may face resistance at the $4.80 and $5.0 price level. On the upside, if the bulls break the resistance levels, the crypto’s price will reach a high of $5.50.

On the other hand, if price breaks the bullish trend line and the following candlestick closes on the opposite of it, the bullish trend is said to be terminated. Crypto’s price will also fall. The stochastic is out of the oversold region but above the 60% range which indicates that the ETC price is in a bullish momentum and a buy signal.

Author: Azeez M


Ethereum Classic (ETC) Long Term Price Forecast: Mar 9, 2019

  • The crypto’s price is now trading at $4.45 as it faces resistance at the price of $4.50.
  • On the downside, if the bulls fail to break the $4.5 resistance level, the crypto’s price is likely to fall.
  • On the upside, if the bulls overcome the $4.50 resistance level, it will face another resistance at $5.0 price level

ETC/USD Long-term Trend: Bullish

  • Resistance levels: $8, $10, $12
  • Support levels: $5, $3, $1.

The ETC/USD pair was in a bullish trend in the month of March. On March 1, the ETC price has an opening balance of $4.30 while in the bearish trend zone. The crypto’s price depreciated further to a low of $4.17 before commencing a bullish trend. On March 5, the bulls broke the 12-day EMA and the 26-day EMA as the price reached the bullish trend zone. The crypto’s price is now trading at $4.45 as it faces resistance at the price of $4.50. On February 24, the bears broke the support level of $4.50 which is now a resistance level.

On the upside, if the bulls overcome the $4.50 resistance level, it will face another resistance at $5.0 price level. On the downside, if the bulls failed to break the $4.5 resistance level, the crypto’s price is likely to fall. The stochastic is in the oversold region but above the 20% range which indicates that the ETC price is in a bullish momentum and a buy signal.

Author: Azeez M


Ethereum Classic (ETC) Daily Price Forecast: Mar 5, 2019

  • ETC appears striving to recover against the US dollar worth in the market.
  • In the short-term run, the bears may still overwhelm the bulls.

ETC/USD Medium-term Trend: Ranging

  • Supply levels: $4.6, $4.8, $5
  • Demand levels: $3.7, $3.5, $3.3

ETC/USD market worth has been witnessing different choppy price movements around range zones found between $4.2 and $4 points. Barely about a week back, the trade also experienced most of its trading sessions around $4.4 and $4.2 marks.

The lower range mark had once been briefly broken southwards, and a short correction came after that. Price has now been hovering a bit over the Bollinger Lower Band located near the lower range. The Bollinger Middle Band and the 50-day SMA are located around the $4.2 upper range point. The Stochastic Oscillators have slantingly moved into ranges between 60 and 40 to point north-east.

The market appears striving to recover from the last decline, and yet, the bears seem getting set to find another probable entry around the market’s 50-day SMA while the bulls are devoid of the strong force in the trade.

ETC/USD Short-term Trend: Ranging

Today’s ETC/USD trading sessions in the short-term trend market has been majorly characterized by choppy price movements only around $4.1 mark presently. The two market movers lack the driving capacity as the market has now been fluctuating underneath the 50-day SMA indicator.

Yesterday, the pair slightly witnessed a notable decline while the market obtained a low around $3.9 mark. The Bollinger Upper Band and the 50-day SMA are located a bit over the $4.1 range mark. The stochastic Oscillators have dipped into the overbought zone to cross at range 80.

That could mean the bears are trying to consolidate their stance in the market. There’s every indication that the bears may still have an upper hand in the market at expense of the bulls’ inability to push northwards further past the 50-day SMA.


Ethereum Classic (ETC) Long Term Price Forecast: Mar 2, 2019

  • The crypto faces resistance at the price of $5.0, and was repelled.
  • The ETC/USD has appreciated by 7.5% of its capitalization in the month of February.

ETC/USD Long-term Trend: Bullish

  • Resistance levels: $8, $10, $12
  • Support levels: $5, $3, $1.

The ETC/USD pair was in a bullish trend in the month of February. On February 1, the crypto has an opening balance of $4.0 . On February 28, the ETC price has a closing price of $4.30. The ETC/USD has appreciated by 7.5% of its capitalization in the month of February. The crypto’s price traded in the bearish trend zone before the arrivals of the bulls. On February 17, the bulls broke the 12-day EMA, the 26-day EMA and the ETC price reached a high of $4.93. The crypto faces resistance at the price of $5.0, and  was repelled. The ETC price had a downward correction to the low of $4.17.

The bulls made a pullback to a low at $4.33  and commenced a range bound movement. The ETC price is trading below the EMAs at $4.36 as at the time of writing. The stochastic is out of the overbought region but above the 20% range which indicates that the ETC price is in a bullish momentum and a buy signal.


Ethereum Classic (ETC) Daily Price Forecast: Feb 26, 2019

  • After a definite decline, the crypto-trade has now been experiencing choppy price movements around 44.8 and $4.6 marks.
  • The bears may still be potentially finding a better sell set-up at the expense of the bulls' failure to sustain most of their positions above the 50-day SMA indicator.

ETC/USD Medium-term Trend: Ranging

  • Supply levels: $5.2, $5.4, $5.6
  • Demand levels: $3.7, $3.5, $3.3

A definite sharp decline occurred in the trade worth of ETC/USD on February 24, this week. Subsequently, the crypto-trade has now been experiencing choppy price movements around 44.8 and $4.6 marks.

The market appears to hover closely around the 50-day SMA. The Bollinger Middle Band is located over the 50-day SMA with a small space separated them in the range zones. The stochastic Oscillators have conjoined within ranges 40 and 20. And, they are consolidating within the range spots.

It now appears that the bulls are trying to find a stance around the 50-day SMA so as to make their probable swing uptrend smooth. Meanwhile, a fierce breaking down of the SMA indicator may cause the bulls going off the trade for a while.

ETC/USD Short-term Trend: Ranging

In the short-term run of ETC/USD market today, there has been a record of basic range price movements around $4.7 and $4.6 price levels. Yesterday, the crypto fell and recovered to retest the high point it started falling before gradually losing momentum again.

As at now, the market has been trading around the Bollinger Middle Band. The 50-day SMA is tightly located over the Bollinger Middle Band near the $4.7 upper range mark. The stochastic Oscillators now seem to point north-east direction.

There still the tendency of seeing this crypto-market slightly getting pushed southward further towards averaging price levels between $4.5 and $4.3. But traders must be wary of bears’ trap.


Ethereum Classic (ETC) Long Term Price Forecast: Feb 23, 2019

  • Today, the ETC price is trading at $4.83 as at the time of writing.
  • On the upside, if the crypto’s price is sustained above the EMAs, the crypto’s price will rise.

ETC/USD Long-term Trend: Bullish

  • Resistance levels: $8, $10, $12
  • Support levels: $5, $3, $1.

The ETC/USD pair is now in a bullish trend after an initial two weeks of bearish trend in the month of February. On February 1, the crypto has an opening balance of $4.0. On February 17, the bulls broke the 12-day EMA, the 26-day EMA and price reached the high of $4.85 but closed at $4.77. On February 21, the bears made a downward correction to the low of $4.58. Today, the ETC price is trading at $4.83 as at the time of writing.

On the upside, if the crypto’s price is sustained above the EMAs, the crypto’s price will continue its rise. Meanwhile, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates price is in the bullish trend zone. The stochastic is in the overbought region but above the 80% range which indicates that the ETC price is in a bullish momentum and a buy signal.


Ethereum Classic (ETC) Daily Price Forecast: Feb 19, 2019

  • ETC/USD market has risen notably, but now may soon be experiencing its subsequent movements in a range.
  • A bearish re-emergence may occur during a strong reversal of the current swing uptrend.

ETC/USD Medium-term Trend: Bullish

  • Supply levels: $5.2, $5.4, $5.6
  • Demand levels: $3.7, $3.5, $3.3

The last 4-hour trading session on February 17, has turned the ETC/USD market trend to relatively experience more notable ups. The pair has risen from $4 mark to eventually touch $4.8 high point today.

In the recent past, the crypto price ranged significantly between $4.2 and $4 market levels. Both the Bollinger Middle Band and the 50-day SMA are a bit bent northward within the last range zones. Currently, price has been trading around $4.6 market line. The Stochastic Oscillators are now consolidating within the overbought zone.

The bulls are now in their market consolidation mode, and they may now be witnessing a line of price convergences around $4.8 and $4.6. In the wake of that, there is a tendency of this entering other range zones.

ETC/USD Short-term Trend: Bullish


There have been a significant price uptrend movements in the ETC/USD short-term market worth since the trading continues today. Yesterday, the crypto-market rose northward as well along the Bollinger Upper Band.

The market has been trading around the $4.8 and 44.6 price levels. The 50-day SMA is closely located a bit over the Bollinger Lower Band. The Stochastic Oscillators have crossed from the overbought zone to briefly point south a bit above range 60.

$4.8 mark has now been affirmed as a rejection point to the current ETC/USD uptrend force. Therefore, a strong reversal between that point and a bit over it could cause a bearish re-emergence in this crypto-trade.


Ethereum Classic (ETC) Long Term Price Forecast: Feb 16, 2019

ETC/USD Long-term Trend: Bearish.

  • Resistance levels: $8, $10, $12
  • Support levels: $5, $3, $1.

The overall view of the ETC/USD pair was that it had been in a bearish trend zone since January. In the month of January, the crypto’s price traded and fell from the high of $5.15 to the low of $4.00 price level. In other words, ETC price lost 22.33% of its capitalization. On February 8, the crypto’s price was in a bullish trend.

The bulls broke the 12-day EMA but were resisted at the 26-day EMA. The crypto’s price was facing resistance at the $4.2 price level. On January 13, the support level at $4.20 was broken by the bears and has become a resistance level to the bulls.

The ETC price is likely to rise if the crypto’s price is sustained above the EMAs and the bulls break the resistance level. Meanwhile, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. The stochastic is out of the oversold region but above the 20% range which indicates that the ETC price is in a bullish momentum and a buy signal.


Ethereum Classic (ETC) Daily Price Forecast: Feb 12, 2019

ETC/USD Medium-term Trend: Ranging

  • Supply levels: $4.3, $4.5, $4.8
  • Demand levels: $3.7, $3.5, $3.3

The trade between the Ethereum Classic and the US dollar has been featuring choppy price movements since around February 9. The pair had been able to spring up from around $3.6 to the high of $4.2 on February 8.

The 50-day SMA has been tightly located to the Bollinger Lower Band. Price has been fluctuating along with the Bollinger Middle Band at $4 mark. The Stochastic Oscillators have closed below range 60. They now point east to probably suggest an indecision market condition.

The bulls seem losing its driving force in the market, and yet bears are not taking up the advantage. The crypto-trade now appears to feature more range movements in other range zones.

ETC/USD Short-term Trend: Ranging

The market worth of ETC/USD in the short-term run has been witnessing a number of range price movements between $4.05 and $3.95 marks since the trading starts today. Yesterday, the pair experienced similar trading format, but the market managed to break northward briefly past 4.05 point.

Now, the market has been fluctuating around conjoint indicators of the 50-day SMA and the Bollinger Middle Band. The Stochastic Oscillators have crossed to slightly point south at around range 60.

With this type of market formation, it seems that there will be a continuation of choppy price movements for a while. Nevertheless, traders may be on the lookout for a bearish reversal to probably consider a long order entry.


Ethereum Classic (ETC) Long Term Price Forecast: Feb 9, 2019

ETC/USD Long-term Trend: Bearish

  • Resistance levels: $8, $10, $12
  • Support levels: $5, $3, $1.

The ETC/USD pair had been in a bearish trend zone since January 7. On January 7, the bears broke the 12-day EMA, the 26-day EMAs and price fell to the low of $4.98. The crypto’s price further depreciated to the low of $4.27 to commence a range bound movement. The crypto’s price fluctuated at this price level until when resisted by the 12-day EMA and it fell to the low of $3.97. On February 8, at the low of $3.87, the bulls broke the 12-day EMA but were resisted at the 26-day EMA.

Today, the ETC price is currently trading at $4.40 as at the time of writing. Meanwhile, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that  price is in the bearish trend zone. The stochastic is out of the oversold region but above the 20% range which indicates that the ETC price is in a bullish momentum and a buy signal.


Ethereum Classic (ETC) Daily Price Forecast: Feb 5, 2019

ETC/USD Medium-term Trend: Ranging

  • Supply levels: $4.1, $4.3, $4.5
  • Demand levels: $3.6, $3.4, $3.2

ETC/USD market worth has been majorly featuring within a range that is depicted by $4 and $3.5 marks since around January 28. Taking a closer look at the market, the pair has been stylishly sliding to the downside of the range while trade continues this week until present.

Economic indicators are all situated within the range zones as price has been hovering between the Bollinger Upper Band and the Bollinger Lower Band. A couple of days back, the Stochastic Oscillators have been consolidating around range 20 closely to oversold zone.

The crypto-market appears to have reached one of its peak points to the downward trend, in that wise, traders are advised to watch out for a good buy set-up.

ETC/USD Short-term Trend: Ranging

There have been stagnant price movements in the market valuation of ETC/USD today. Unlike yesterday, the crypto-pair experienced a relative decline while it touched the 50-day SMA from below within a range.

The range zones in the short-term outlook are located between $3.9 and $3.8 marks. The Bollinger Upper Band and the 50-day SMA are closely located within the range with the other Bollinger Bands. Price has continued to hover along the Bollinger Middle Band. The Stochastic Oscillators are seemingly attempting close hairs below range 60 to probably still suggest a downward movement in the market.

Currently, in this crypto-trade, any possible market downward movement may lack sustainability. Therefore, traders may have to wait for a strong price rally to clearly signify a good long entry order.


Ethereum Classic (ETC) Long Term Price Forecast: Feb 2, 2019

ETC/USD Long-term Trend: Bearish

  • Resistance levels: $8, $10, $12
  • Support levels: $5, $3, $1.

The ETC/USD pair is in a bearish trend zone. On January 1, the crypto has an opening balance of $5.15 and a closing price of $4.0 as at end of January. The ETC price depreciated about 22.33% of its capitalization. The crypto's price was in a sideways trend at the beginning of January.

The range bound movement was broken when the crypto had a price break down. On January 7 and 10, the bears broke the 12-day EMA, the 26-day EMA and price fell to the low of $4.27. The crypto has depreciated further as it traded below the EMAs. The bulls have made several times to break above the EMAs.

Today, the ETC price is currently trading at $4.008 as at the time of writing. Meanwhile, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ethereum Classic (ETC) Daily Price Forecast: Jan 29, 2019

ETC/USD Medium-term Trend: Bearish

  • Supply levels: $4.6, $4.8, $5
  • Demand levels: $3.4, $3.2, $3

There has been price decline in the market valuation of ETC/USD since the trading sessions begin this week. The US dollar took the market driving force while the crypto was unable to push northwards past both the two conjoint indicators on January 27.

As at now, the market has been trading around $3.8 low mark. The 50-day SMA is located at around $4.2 point a bit over the Bollinger Middle Band. The Stochastic Oscillators have slightly headed up from the oversold zone to cross at range 20. That could, later on, cause a short line of consolidation movements in the market.

The $3.8 mark appears to be an important market line to denote the probable direction of the crypto-trade. However, traders may watch out for a good buy set-up or entry of the trade.

ETC/USD Short-term Trend: Bearish

Serially, there has been a falling of price level in the ETC/USD market trading stance since the trade commences today. Yesterday, the crypto-market dropped largely in a sequential manner from around $4.23 markdown to around $3.8 low market point today.

The Bollinger Bands are located closely underneath the 50-day SMA indicator. Price has been trading around both the Bollinger Middle and Lower Bands presently. The Stochastic Oscillators have crossed between 50 and 25 ranges to point north. That signifies that bear may now be getting weaker gradually in the market for a while.

Traders may still need to wait for the period while the market is a bit pushed southward further and a reversal follows to find a solid foundation during a strong price action to probably consider a buy entry of this crypto-market.


Ethereum Classic (ETC) Long Term Price Forecast: Jan 26, 2019

ETC/USD Long-term Trend: Bearish.

  • Resistance levels: $8, $10, $12
  • Support levels: $5, $3, $1.

The ETC/USD pair is currently in a bearish trend zone. The ETC price was in a sideways trend at the beginning of January 2019. The crypto has an opening balance of $5.15 in the month of January. On January 7, the bears broke the range bound movement, the 12-day EMA, the 26-day EMA and price fell to the low of $4.98.

The crypto’s price fell again to another low of $4.47 and commenced a range bound movement. Today, the ETC price is trading at $4.37 below the exponential moving averages. This indicates that ETC price is likely depreciates further. Meanwhile, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ethereum Classic (ETC) Daily Price Forecast: Jan 22, 2019

ETC/USD Medium-term Trend: Ranging

  • Supply levels: $4.8, $5, $5.2
  • Demand levels: $4, $3.8, $3.6

ETC/USD market still moves in a range format around $4.4 mark since this week’s trading activities commence until present time of writing. Last week, the crypto-market maintained its range movements within definite zones of between $4.6 and $4.4 lines.

This week’s range zones seem to be between $4.6 and $4.2 price levels. The 50-day SMA indicator is tightly located over the Bollinger Middle Band closely to the current $4.4 range spot. The Stochastic Oscillators are now consolidating around range 20.

As it is being a flat market in the Ethereum Classic trade against the US dollar, indicators still suggest that bears have not done with this crypto-trade driving force. If a strong bearish candlestick doesn’t form, then, lower lows than highs are still expected to feature in the ETC/USD market.

ETC/USD Short-term Trend: Ranging

ETC/USD market in the short-term run has kept its current range movements within $4.4 and $4.3 price levels. Yesterday, the crypto somewhat kept a perfect range moving mode along the$4.4 upper range zone.

The 50-day SMA and the Bollinger Middle Band are now located within the range as the former is a bit found over the latter. The Stochastic Oscillators are now attempting to conjoin under range 60 which could possibly lead into consolidation movement around it.

Earlier on today, the market has been pushed downward to test the $4.3 lower range zone, and it shows that that point is a critical point that traders should draw all attention to while being in trade of this crypto-market.


Ethereum Classic (ETC) Long Term Price Forecast: Jan 19, 2019

ETC/USD Long-term Trend: Bearish.

  • Resistance levels: $8, $10, $12
  • Support levels: $5, $3, $1.

In the first week of January, the ETC/USD pair was in a sideways trend. The crypto’s price was fluctuating above the $5.0 price level. However, in the second week, January 7, the bears broke the 12-day EMA, the 26-day EMA and price fell to the low of $4.98. The following day, the crypto’s price further depreciated to the low of $4.47 and $4.27. The ETC price is now in a range bound movement fluctuating above the $4.27 price level.

The Stochastic indicator is in the oversold region but below the 20% range indicating that the ETC price is in a bearish momentum and a sell signal. The blue band of the stochastic is below the red band indicating that the current trend is ongoing. The crypto’s price is below the 12-day EMA and the 26-day EMA which indicates price is in the bearish trend


Ethereum Classic (ETC) Daily Price Forecast: Jan 15, 2019

ETC/USD Medium-term Trend: Ranging

  • Supply levels: $5, $5.2, $5.4
  • Demand levels: $4.2, $4, $3.8

About two days back, ETC/USD market stance has been experiencing a line of choppy price movements around $4.6 and $4.4 marks. Last week, the crypto recorded a notable number of stumble that eventually led to touch briefly past $4.4 price level on January 13.

The market has been hovering around the Bollinger Middle Band closely to the $4.6 upper range zone. The 50-day SMA and the Bollinger Upper Band are located very closely a bit below $4.8 level. The Stochastic Oscillators have headed northward to point north-east at around range 70.

Going by the trending mode of this crypto, it’s most likely to give in to bears below the 50-day SMA to probably drive the market towards achieving $4.2 or $4 low mark.

ETC/USD Short-term Trend: Ranging

Basically, there has a chain of variant choppy price movements in the short-term trend of ETC/USD market until now. The choppy price movements have been featuring around $4.6 and $4.5 market levels.

Yesterday, a spike occurred as both the 50-day SMA indicator and the Bollinger Upper Band were breached northward to slight move past the $4.6 current upper range zone. The 50-day SMA appears slightly southward bent after maintaining a perfect direction with $4.5 mark. The Stochastic Oscillators have slightly crossed to point south. That indicates bear is still in the control force of this crypto-trade.

Price levels of between $4.7 and $4.3 are now the market trading areas, and as a result, traders may be on the lookout for a good rejection set-up at the upper zone to launch a sell position or at the lower zone to enter a buy order with decency.


Ethereum Classic (ETC) Long Term Price Forecast: Jan 12, 2019

ETC/USD Long-term Trend: Bearish.

Resistance levels: $8, $10, $12
Support levels: $5, $3, $1.

The ETC/USD pair had been in a bullish trend since the beginning of January 2019. On January 1, the crypto’s opening balance had risen to the high of $5.15. On January 7, the bears broke the 12-day EMA and the 26-day EMA to the low of $4.98. The crypto further depreciated to the low of $4.47. From the weekly chart, the ETC price is still in the bearish trend zone which indicates that the crypto is likely to fall.

The Stochastic indicator is in the oversold region but above the 20% range indicating that the ETC price is in a bullish momentum and a buy signal. The blue band of the stochastic is above the red band indicating that the current trend is reversing. The crypto's price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.


Ethereum Classic (ETC) Daily Price Forecast: Jan 8, 2019

ETC/USD Medium-term Trend: Bearish

  • Supply levels: $5.6, $5.8, $6
  • Demand levels: $4.6, $4.4, $4.2

Yesterday, the ETC/USD market medium-term trend was basically maintaining a bearish outlook. The crypto’s downtrend seemingly got exhausted while it encountered a $4.8 strong demand level on January 7.

Today, the market has been trading around $5 mark underneath both the conjoined 50-day SMA and the Bollinger Middle Band. The Bollinger Middle Band and the 50-day SMA are conjoined closely under $5.2 horizontal price line. The Stochastic Oscillators have crossed within the oversold zone to slightly point north.

As it is, the $4.8 has now been established an immediate level upon which bulls have rebuilt their foundations. A break of the aforementioned point may result in finding a new foundation within $4.6 and $4.2 price levels.

ETC/USD Short-term Trend: Ranging

ETC/USD market worth has been pushing around $5 and $4.8 marks since the trading commences today. Like wisely, yesterday, the crypto maintained a larger zone of featuring its series of range movements within $5.4 and $5 market points.

The Bollinger Upper Band and the 50-day SMA are closely located near $5.2 price level. Price has been hovering around the current upper range mark. The Stochastic Oscillators have briefly penetrated into the overbought zone, and they still point north to suggest more possible upward price motion.

A strong push against the SMA indicator and the Bollinger Upper Band at the $5.2 mark may allow the market to get to test the last high mark or to surpass it for a while.


Ethereum Classic (ETC) Long Term Price Forecast: Jan 5, 2019

ETC/USD Long-term Trend: Bearish.

  • Resistance levels: $8, $10, $
  • 12Support levels: $5, $3, $1.

On December 17, the ETC/USD pair had been in a bullish trend. From the weekly chart, the bulls are making a bullish movement to the 12-day EMA and the 26-day EMA. If the bulls break above the EMAs, the crypto will be in the bullish trend zone. Nevertheless, the ETC price has an opening balance of $5.15 but it is trading at $5.44 as at the time of writing.

Nevertheless, the price of ETC is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The Stochastic indicator is in the oversold region but above the 20% range indicating that the ETC price is in a bullish momentum and a buy signal. The blue band of the stochastic is above the red band indicating that the current trend is reversing.


Ethereum Classic (ETC) Long Term Price Forecast: Dec 29, 2018

ETC/USD Long-term Trend: Bearish

Resistance levels: $8, $10, $12
Support levels: $5, $3, $1.

The ETC/USD pair was in a bullish trend in the last week of December 2018. The ETC price has an opening balance of $4.62 in the month of December and a closing price of $5.55 as at the time of writing. In the other words, the crypto’s price has a 20% gain to its capitalization. From the chart, the crypto’s price is in the bearish trend zone.

Nevertheless, the price of ETC is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal. The Stochastic indicator is in the oversold region but below the 20% range indicating that the ETC price is in a bearish momentum and a sell signal. The blue band of the stochastic is above the red band indicating that the current trend is reversing.


Ethereum Classic (ETC) Daily Price Forecast: Dec 25, 2018

ETC/USD Medium-term Trend: Bullish

  • Supply levels: $6, $6.50, $7
  • Demand levels: $3.50, $3, $2.50

ETC/USD market has been kept on a northward-trending mode above the buy signal line of the 50-day SMA’s trend-line barely over a week. Between December 21 and 22, the market slightly retraced below the Bollinger Middle Band, and it got a push after a while to trend along the Bollinger Upper Band to test $5.50 mark on December 24.

Earlier on today, the crypto experienced a sudden drop briefly below $4 market point, but it has been visibly reversed to seemingly favor upward movements. The 50-day SMA is underneath the Bollinger Middle Band. The Stochastic Oscillators have crossed to point south at range 50.

It appears that the crypto is now attempting to build its foundation around $4.5 and $4 to support its eventual uptrend. But traders should be wary of the $4 mark while placing their trading positions.

ETC/USD Short-term Trend: Ranging

Quite notable variant trading activities have been happening in the ETC/USD short-term market this week. Yesterday, the crypto was in a bullish trend outlook.

The crypto suddenly witnessed a sharp decline as at the early trading sessions today while it touched around $3.40 market level below the Bollinger Lower Band. Shortly, it has now been reversed to range around $4.80 and $4.40 marks below the Bollinger Middle Band until present. The 50-day SMA is found at $5 market point a bit above the Bollinger Middle Band. The Stochastic Oscillators are now seemingly consolidating around range 50.

The $5 price level now appears to a determinant value point that needs to be breached northwards to re-affirm bull’s return into this crypto-mark. Rejection at the said point could give in to bear having the market driving force advantage once again.


Ethereum Classic (ETC) Long Term Price Forecast: Dec 22, 2018

ETC/USD Long-term Trend: Bearish

  • Resistance levels: $8, $10, $12
  • Support levels: $5, $3, $1.

The ETC/USD pair is now in a bullish trend. In the last two weeks of December, the crypto's price had been bearish as the price fell from the high of $4.62 to the low of $ 3.67. In the lower time frame, the bulls commenced bullish movement on December 16 which has broken the 12-day EMA and 26-day EMA. While in the weekly chart a single candlestick representing the bullish movement. From the weekly chart, the Stochastic is in the oversold region below the 20% range.

This means that the ETC price is in a strong bearish momentum and a sell signal. Price will continue to trend downward. Nevertheless, the price of ETC is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing.


Ethereum Classic (ETC) Daily Price Forecast: Dec 18, 2018

ETC/USD Medium-term Trend: Bearish

Supply levels: $4.40, $4.60, $4.80
Demand levels: $3.20, $3, $2.80

On December 15, ETC market found a strong foundation while it saw an upswing around $3.50 close to Bollinger Lower Band. The upward price movements continued until yesterday while it touched a $4 supply level.

A 4hr chart showed the beginning of the current bear trend towards the trading sessions on December 17. Price has now been falling to average the 50-day SMA’s trend-line. The 50-day SMA is maintaining a close location over the Bollinger Middle Band. The Stochastic Oscillators have crossed within the overbought zone to briefly point south at range 80.

A convergence of Japanese candlesticks has occurred around $4 market levels; a probable signal that bears are now stronger in the market than bulls.

ETC/USD Short-term Trend: Ranging

There have been majorly lower lows in the ETC/USD price movements today considering its movements in the short-term run. The market has been hovering around $3.80 mark as it lacks definite driving force by both the major movers.

As at the yesterday’s early trading hours, some of the crypto-market movements were experienced closely under the trend-line of the 50-day SMA. Eventually, a sudden spike occurred and pushed northward against the indicators to test around $4.10 level. The Bollinger Bands are above the 50-day SMA. The Stochastic Oscillators have freshly penetrated into the oversold zone.

A breakdown of the 50-day at around $3.75 mark could result in either revisiting the last low mark or a bit beyond southward further.


Ethereum Classic (ETC) Long Term Price Forecast: Dec 15, 2018

ETC/USD Long-term Trend: Bearish.

Resistance levels: $8, $10, $12
Support levels: $5, $3, $1.

The ETC/USD pair had been bearish since May 2018. The 12-day EMA and the 26-day EMA are trending southward while the crypto’s price is below the exponential moving averages. The ETC price has reached a low of $3.76 and possibly continue its bearish movement. The Stochastic has indicated that the bands are in the oversold region below the 20% range.

This implies that the crypto has a strong bearish momentum to continue its downtrend. The crypto’s price is expected to fall between the lows of $3 and $3.43. Nevertheless, the price of ETC is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. There will be no trade recommendation until the bearish pressure is exhausted.


Ethereum Classic (ETC) Daily Price Forecast: Dec 11, 2018

ETC/USD Medium-term Trend: Ranging

Supply levels: $4.50, $5.50, $6.50
Demand levels: $3, $2.50, $2

ETC/USD crypto-market slightly broke the last week’s lower range southwards to enter other range zones this week. The downward market movements came majorly on a platform of featuring lower lows during which the $3.50 mark was briefly pushed past on December 7.

Since then, the crypto has been experiencing different short up and down price movements around $4 and $3.50 levels. Price has now been trading under the $4 upper range mark. The 50-day SMA is located over the Bollinger Bands which all its trend-lines are located within the range points. The Stochastic Oscillators are seemingly consolidating around range 40.

From the outlook of indicators reading, it’s still believed that this crypto will possibly witness more downwards in its market movements. Traders may only need to watch out for a decent entry.

ETC/USD Short-term Trend: Bearish

In the short-term trading sessions so far today, the ETC/USD market has been notably declining southward. The crypto has once pushed northbound to average $4 mark earlier on today.

Since then, it has lost the strength to support the move at that point to sustain its surge above the upper range mark in the medium-run. Yesterday, the crypto saw a correction from a $4.20 high mark and equally resulted in a notable price-fall of a bit below the $3.70 point. Two key market lines have been depicted by the Bollinger Bands as $4 and $3.70 in the short-term trend. The 50-day SMA and the middle Bollinger Band are closely located on the chart. The Stochastic Oscillators have crossed to point south at range 20.

Though more bearish trending outlook cannot be totally blotted out as at present, but then, bulls are seemingly building up their foundations around $3.70 to possibly stage a come-back.


Ethereum Classic (ETC) Long Term Price Forecast: Dec 8, 2018

ETC/USD Long-term Trend: Bearish.

  • Resistance levels: $8, $9, $10
  • Support levels: $4, $3, $2.

The ETC/USD pair is still in a bearish trend as price reach the low of $4.05. The ETC price is below the 12-day EMA and the 26-day EMA which indicates that the ETC price is likely to fall. The 12-day EMA and the 26-day EMA are trending southward indicating that price is falling. Meanwhile, the Stochastic indicator is reading that the bands are below the 20% range.

This implies that the price of ETC has a strong bearish momentum and a sell signal. The ETC price will remain bearish as long as the Stochastic bands are in the oversold region. Nevertheless, the price of ETC is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ethereum Classic (ETC) Daily Price Forecast: Dec 4, 2018

ETC/USD Medium-term Trend: Ranging

Supply levels: $5.50, $6.50, $7.50
Demand levels: $3.50, $2.50, $1.50

ETC/USD market has been trading around the same range boundaries as it was experienced last week. The ETC/USD current high value was achieved on December 2 at around $5.28 mark on the chart.

On the following day, it featured variant basic lower lows to the extent of breaking through southwards past both the middle Bollinger Bands and the 50-day SMA and eventually touched the lower Bollinger Band that’s stationed a bit below the $4.50 lower range point. The middle Bollinger Band and the 50-day SMA are located within the range as the former is found over the latter. The Stochastic Oscillators have crossed from the oversold zone to briefly point north at range 20.

That depicts bulls are trying hard to stage a come-back into the market. But the $4.35 point should be wary of as its breaking downwards could result in finding a new low level around the $4 mark.

ETC/USD Short-term Trend: Bullish

In the short-term run, the ETC/USD market line has been notably springing northward as it has touched around the $4.70 mark today. The market is currently been trading around the upper Bollinger Band very close to the level mentioned.

A few hours before today’s trading sessions, the crypto was seen ranging between the $4.60 and the $4.40 marks. The 50-day SMA is located at $4.80 above the Bollinger Bands. The Stochastic Oscillators have conjoined within the overbought zone to either suggest a consolidation movement or point to a definite market direction.

Being as it may, the $4.40 seems to be the current bearish movement rejection point while the $4.80 could be the bullish trend reversal line.


Ethereum Classic (ETC) Long Term Price Forecast: Dec 1, 2018

ETC/USD Long-term Trend: Bearish

Resistance levels: $8, $10, $12
Support levels: $5, $3, $1.

The ETC/USD pair was bearish in the month of November 2018. On November 1, Ethereum Classic had an opening balance of $9.06. In the first two weeks of November, the crypto's price was fluctuating above the $9 price level before the outcome of the bearish breakout. Before the outcome of the bearish breakout, the 12-day EMA and the 26-day EMA were horizontally flat. On November 14, the crypto's price was resisted by the 12-day EMA and the price fell in a downward trend to the low of $4.39.

In the month of December, the ETC price will continue its downtrend if the price is below the two EMAs. On November 30, the crypto reached a low of $4.62. In other words, ETC has lost 49% of its capitalization in the month of November.Nevertheless, the price of ETC is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ethereum Classic (ETC) Daily Price Forecast: Nov 28, 2018

ETC/USD Medium-term Trend: Ranging

Supply levels: $5.50, $6.50, $7.50
Demand levels: $3.50, $2.50, $1.50

The ETC/USD market has been ranging around November 23 within the $5 and $4 price levels until now. Unlike a few days back, all the trading indicators are now also situated within the aforementioned market levels.

The crypto featured lower lows and lower highs in the ETC/USD trade a bit above the lower range boundary about two days ago. Today, the pair has only been basically witnessing an amount of lower highs underneath the 50-day SMA’s trend-line. The Bollinger Bands are found under the 50-day SMA. The Stochastic Oscillators are pointing north direction a bit below range 80.

Though the crypto seems to be regaining a momentum, it’s not yet obvious to suggest a bright stance for the return of a strong bullish trend.

ETC/USD Short-term Trend: Bullish

On November 26 and 27 this week, the ETC/USD market witnessed a range move around $4.40 and the $4.20 marks. The upper range mark was eventually breached northward towards the last trading sessions on Nov. 27.

Today, the crypto-market firstly experienced a number of lower highs a bit above the 50-day SMA but the crypto has added a catalyst to visibly push northward along with the upper Bollinger Band. Both the 50-day SMA and the middle Bollinger band are now located around the $4.40 mark. The Stochastic Oscillators have moved into the overbought zone to seemingly consolidate within it.

The current bullish trend has found a pivotal point at $4.40 mark, and that could suggest an end of the current bullish trend if a correction is strongly made against it.


Ethereum Classic (ETC) Long Term Price Forecast: Nov 24, 2018

ETC/USD Long-term Trend: Bearish.

Resistance levels: $14, $18, $22
Support levels: $8, $6, $4.

The ETC/USD pair had been bearish in the last three weeks of November 2018. On November 14, the crypto's price was resisted by the 12-day EMA and the crypto was in a downward trend. The 12-day EMA and the 26-day EMA are pointing downward indicating that price is likely to fall. The price has reached a low of $5.40 as at the time of writing.

The crypto's price has reached the oversold region of the market suggesting bulls to take control of the market. There will be no trade recommendation as the bearish trend has not been exhausted. Nevertheless, the price of ETC is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ethereum Classic (ETC) Daily Price Forecast: Nov 20, 2018

ETC/USD Medium-term Trend: Bearish

Supply levels: $8.50, $9, $9.50
Demand levels: $4, $3.50, $3

As at the first-day trading session this week, ETC/USD experienced a range move spanned from last week’s market driving mode. Yesterday, November 19, the crypto began getting weaker against the USD while the $7 mark was gradually breached southwards past the lower Bollinger Band.

By that, the US dollar market has been strongly pressing the crypto valuation downwards to test the $5 fresh low mark today. The 50-day SMA is a bit below the upper Bollinger Band, but a notable space exists between it and the middle Bollinger Band. Currently, the market trading force has surpassed the lower Bollinger Band to the south direction. The Stochastic Oscillators have dipped into the oversold to deepen its consolidation move within it.

Such a move by the Stochastic Oscillators within the oversold could mean a strong signal for bears as long as the middle Bollinger Band remains unbroken northwards to probably suggest an end of the present bearish trend.

ETC/USD Short-term Trend: Bearish

The $7 mark that seemed to be the lower range zone lately was breached southward yesterday. Hence, the previous range during the start of this week’s trading session eventually changed in favor of the US dollar worth against the ETC valuation in the short-term run.

Both the 50-day SMA and the upper Bollinger Band are found closely over the $6.50 market level. Price has been traded around the lower Bollinger Band. The Stochastic Oscillators are now seen moving around range 25.

There has been no strong indication that this crypto will recover so soon from its current bearish move in the market. Nevertheless, bears’ trap could occur if entering a short position is not exercised with utmost caution.


Ethereum Classic (ETC) Long Term Price Forecast: Nov 17, 2018

ETC/USD Long-term Trend: Bearish.

Resistance levels: $14, $16, $18
Support levels: $6, $4, $2.

The ETC/USD pair had been bearish in the last two weeks of November. On November 1, the crypto had an opening balance of $9.06. On November 6, the digital currency had reached a high of $10.04. The following day price was resisted and it broke the 12-day EMA and the 26-day EMA. As the crypto is below the exponential moving averages, price further depreciated to the low of $7.49.

The 12-day EMA acted as a resistance to the price of Ethereum classic. Nevertheless, the price of ETC is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The Stochastic indicator has reached the range below 20 which indicates that the momentum of price is strong on the downside. There is a tendency for the digital currency to continue its fall.


Ethereum Classic (ETC) Daily Price Forecast: Nov 13, 2018

ETC/USD Medium-term Trend: Ranging

Supply levels: $9.80, $10, $10.20
Demand levels: $8.50, $8.30, $8.10

The ETC/USD market has been featuring lower lows than lower highs within a range since yesterday until present. This week, on November 11, the crypto started its price movement at around $9.40 mark under a sell trend-line of the 50-day SMA in conformity with the middle Bollinger Band trend-line to arrive at a price a bit below the $9 low value

The crypto-market line has continued to majorly witness lower lows within the $9.20 and the $8.80 market levels. The 50-day SMA is located above the middle Bollinger Band. The Stochastic Oscillators have slightly dipped past range 20 into the oversold zone.

A consolidation movement may soon be experienced. But, it is expected to create a good buying entry in the medium-run afterward.

ETC/USD Short-term Trend: Bearish


Although the bearish movement in the ETC/USD market has not been intensely featuring on the chart in the short-term, most of the indicators still point south.

The upper Bollinger band is found at around the $9.20 mark and , the lower Bollinger Band is located around the $8.90 point while the 50-day SMA’s trend-line is situated over the middle Bollinger Band. The Stochastic Oscillators have penetrated into the oversold zone and, they appear to consolidate within it.

It needs to be stated here that caution should exercise in placing more trading positions for a while. But, the bull may soon find a way back into the market.


Ethereum Classic (ETC) Long Term Price Forecast: Nov 10, 2018

ETC/USD Long-term Trend: Bearish

Resistance levels: $14, $18, $22
Support levels: $8, $6, $4.

In the first week of November, the price of ETC/USD pair was in a bullish trend. In the month of October, the digital currency was bearish as the price fell from the high of $11.34 to the low of $9.56. In November, the bulls reached the high of $10.04 but were resisted. However, in the daily chart, the price fell to the 12-day EMA.

The exponential moving average became a support as price makes a bullish movement. The crypto's price is neither above nor below the 12-day EMA and the 26-day EMA in the daily chart. Price is likely to be in a sideways trend. Nevertheless, in the weekly chart, the price of ETC is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ethereum Classic (ETC) Daily Price Forecast: Nov 6, 2018

ETC/USD Medium-term Trend: Bearish

Supply levels: $10, $10.50, $11
Demand levels: $8.75, $8.25, $7.75

There have been more notable ups than downs in the ECT/USD market trading movements within a range since the trading activities commence this week. The crypto slightly began pushing northwards from $9.09 mark to briefly touch past the $9.50 price level.

Yesterday, the pair retraced southwards to obtain a $9.25 price point a bit above the middle Bollinger Band. As at today, the crypto has been experiencing lower highs around the $9.50 upper Bollinger Band as the $9 marks the lower Bollinger Band. The 50-day SMA’s trend-line is located underneath the middle Bollinger Band. The Stochastic oscillators have moved past range 55 to point north to signify that there may still be a probability of more ups than downs as long as the 50-day SMA’s trend-line remains unbroken southwards.

ETC/USD Short-term Trend: Bullish

ETC/USD basically moved in a range mode within the confinement of the Bollinger Bands yesterday. The crypto had earlier declined southward to touch the middle Bollinger Band and the 50-day SMA at their conjoint line.

The crypto-market has now been moved northward to test the $9.58 price level today. Price has been fluctuating around the upper Bollinger Band The Stochastic oscillators have dipped into the overbought zone to raise an overbought market condition for ETC price value against the US dollar market.

In the short-term run, entering of a short position may now be considered but the $9.75 needs to be wary of.


Ethereum Classic (ETC) Long Term Price Forecast: Nov 3, 2018

ETC/USD Long-term Trend: Bearish

Resistance levels: $14, $18, $22
Support levels: $8, $6, $4.

The overall trend of ETC/USD pair was a downward trend in the month of October 2018. On October 1, Ethereum Classic had an opening balance of $11.34. The digital currency made a single downward fall to the low of $9.21 and commenced a range bound movement. Today, being the first week of November, ETC will continue a range bound movement. However, if the cryptocurrency continues its downward trend the support levels will be breached.

The crypto’s price is expected to fluctuate above the $9 price level. Presently, Ethereum Classic is trading at $9.15 as at the time of writing. Nevertheless, the price of ETC is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ethereum Classic (ETC) Daily Price Forecast: Oct 30, 2018

ETC/USD Medium-term Trend: Bearish

Supply levels: $10.50, $11, $11.50
Demand levels: $8, $7.50, $7

The last week’s immediate demand price level has been breached southwards as it had once been previously recorded in the financial book of records of the ETC/USD market valuation on October 11. The correction in the market of this crypto that emerged on Oct. 22, has now been eventually degenerated into a free-fall trend as the lower range level $9.50 has been broken southwards to test past the next demand level at $9.

The 50-day SMA is over the middle Bollinger Band as the lower Bollinger Band is now stretching southwards along with the active market line The Stochastic Oscillators appear to continue a consolidation move around range 20 to detest probable assumption of having a good long bearish market continuation in the market of this crypto.

ETC/USD Short-term Trend: Bearish

ETC/USD in the short-term still runs in a bearish market outlook after a long period of being traded within a range. One of the notable range price levels at $9.40 was visibly broken southwards against the lower Bollinger Band to approach $8.79 price level.

The yesterday major market decline has put the Bollinger Bands to be located under the 50-day SMA’s trend-line. Price has now been hovering around the $9 and $8.80 levels. The Stochastic oscillators have dipped into the oversold zone to suggest that bearish trend is not yet over in the market of this crypto. But, a buying openings may soon come up especially between the demand levels as stated above.


Ethereum Classic (ETC) Long Term Price Forecast: Oct 27, 2018

ETC/USD Long-term Trend: Bearish

Resistance levels: $14, $18, $22.
Support levels: $8, $6, $4.

The ETC/USD pair had been bearish in the month of October 2018. On October 1, Ethereum Classic had an opening balance of $11.34. The crypto's price fell to the low of $9.21 and commenced a bullish movement to the high of $10.19. The cryptocurrency is still on a downward trend as  price is approaching the low of $9.72.

However, if price continues its downward fall to the previous low; traders should initiate long trades in anticipation of a bullish trend. Then a stop loss should be placed below the $9.20 price level. Nevertheless, the price of ETC is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ethereum Classic (ETC) Daily Price Forecast: Oct 23, 2018

ETC/USD Medium-term Trend: Ranging

Supply levels: $11, $11.50, $12
Demand levels: $9, $8.50, $8

At a very close observing viewpoint, ETC/USD market has dropped notably within or around a range of $10.50 and $10 price levels today. Last week, the market basically ranged within $10 and $9.50 price territories and, also between the Bollinger Bands.

Yesterday, a spike emerged during the ETC/USD trading sessions and, the crypto got pushed northbound past the upper Bollinger Band location to average $10.50 price level. The crypto could not sustain the sudden rise past the upper range and as a result, it retraced backward into the Bollinger Bands to seemingly start a consolidation around $10 price level. The Stochastic Oscillators have crossed to point south. That depicts that bearish market may soon be experienced or more of lower lows in the market.

ETC/USD Short-term Trend: Bearish

Yesterday, ETC/USD moved in $9.9 and $9.7 range-bound levels. The price ranging movement eventually declined serially southbound to touch the lower Bollinger Band a bit above the lower price ranging zone.

As at the early trading session today, the crypto has suddenly got pushed northbound to slightly touch past $10.40 price level. Thereafter, it began reversing southbound and, in the short-run process, it generated into a bearish move that has breached southbound further past the middle Bollinger Band to touch the lower Bollinger Band with the 50-day SMA. As at now, the market has been hovering around the lower Bollinger Band with the 50-day SMA. The stochastic Oscillators have dipped into the overbought zone to suggest that bearish market may soon come to an end. Therefore, traders may be on the lookout for a decent long position entry.


Ethereum Classic (ETC) Long Term Price Forecast: Oct 20, 2018

ETC/USD Long-term Trend: Bearish

Resistance levels: $14, $18, $22.
Support levels: $8, $6, $4.

The ETC/USD pair had been bearish in the month of October 2018. The cryptocurrency is also range bound between the levels of $9.5 and $ 10. On September 21, Ethereum Classic reach the high of $11.83 and began a downward trend. The crypto's price fell to the low of $9.03 and commenced a bullish movement. The price fell to the bottom or lower level of price range.

When a digital currency is range bound, we trade the lower and upper levels of price range. Traders should initiate long trades at the lower price level. Then a stop loss order should be placed below the $9 price level. You exit your long trades near the upper price level. Nevertheless, the price of ETC is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal.


Ethereum Classic (ETC) Daily Price Forecast: Oct 16, 2018

ETC/USD Medium-term Trend: Ranging

Supply levels: $10.25, $10.75, $11.25
Demand levels: $9, $8.50, $8

ETC dropped significantly in the market against the US dollar on October last week to the tune of around $8.92. A few days after, it began recovering as several lower highs featured between price levels of $9.5 and $9.

In the course of trading session this week, the crypto slightly lost value while it touched around $9.23 price level at lower Bollinger Band location. The 50-day SMA is located above the Bollinger Bands as the market had once as well averaged towards it from below. Price has now been once again traded between the territories of $9.5 and $9. The Stochastic Oscillators have crossed to point north a bit above range 40 to signify that bulls may take over the market while the lower $9 range level remained uneasily broken southwards.

ETC/USD Short-term Trend: Bearish

Some days back, ETC/USD market went down visibly below the lower Bollinger Band. The market price movements were tightly in a ranging mode around $9.6 and $9.2.

Yesterday, the crypto strived to an appreciable degree of breaking out of the range but, it was not successful. Therefore, that failing attempt has led the crypto to continue to witness ranging price movement until now. The middle Bollinger Band is a bit over the 14-day SMA. The Stochastic Oscillators have touched and crossed around range 80 to suggest that bulls are getting weaker in the market. Traders are advised to watch out for a breakout of the range to follow appropriately.


Ethereum Classic (ETC) Long Term Price Forecast: Oct 13, 2018

ETC/USD Long-term Trend: Ranging

Resistance levels: $14, $18, $22.
Support levels: $8, $6, $4.

The ETC/USD pair had an opening balance of $12.70 in the month of September. Ethereum Classic fell and closed at a price of $11.21 at the end of the month, In the other words, it has lost 11.73% of its capitalization. On October 1, Ethereum Classic has an opening balance of $11.23 but the digital currency was in a downward trend.

The crypto’s price fell to the low of $ 9.19 but managed to recover. Price is now approaching the high of $9.48 as at the time of writing. Nevertheless, the price of ETC is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Meanwhile, the Relative Strength Index period 14 is level 38 which indicates that the market is oversold signaling bears’ exhaustion and suggesting bulls to take control of the market.


Ethereum Classic (ETC) Daily Price Forecast: Oct 9, 2018

ETC/USD Medium-term Trend: Ranging

Supply levels $11.20, $11.40, $11.60
Demand levels: $10.60, $10.40, $10.20

On Monday, Oct.7, ETC/USD began to rally after seeing its market valuation declined southwards to touch the immediate demand level at $10.60. Yesterday, the crypto maintained its price ranging movements erratically by featuring both ups and downs around the middle Bollinger Bands during the trading sessions.

A notable short spike emerged eventually to breach northward briefly past the middle Bollinger Band to touch both the 50-day SMA and the upper Bollinger Band at around $11 price level. As at now, the market price line has been hovering within the range-bound region of $11 and $10.70 levels. The Stochastic Oscillators have moved slightly past range 60. They now appear to start a consolidation move around it. This suggests that traders may have to exercise some degree of caution in placing further entries as at now.

ETC/USD Short-term Trend: Bearish

The ETC/USD market price value has been systematically witnessing quite a greater number of upward moves than downwards barely two days ago. Most of the trading sessions were witnessed above both the middle Bollinger Band and the 50-day SMA but the upper Bollinger Band was not breached northwards.

Today, the crypto’s market value point has dropped below the middle Bollinger band towards both the 50-day SMA and the lower Bollinger Band. Price has now been averaging the $10.80 price level. The Stochastic Oscillators have crossed southwards to touch range 40. This suggests that there is still a possibility of having more downward price movements in the market of this crypto as at now.


Ethereum Classic (ETC) Long Term Price Forecast: Oct 6, 2018

ETC/USD Long-term Trend: Ranging

Resistance levels: $14.000, $18.000,$22.000

Support levels: $8.000, $6.000, $2.000

The price of Ethereum Classic was range bound in the latter part of September. On September 1, the digital currency had an opening balance of $12.70. But the price of ETC fell to the low of $11.19 and began a range bound movement up till date. The price of Ethereum Classic traded and closed at a price of $11.21 at the end of September 2018. In the other words, it has lost 11.73% of its capital. Presently, the price of ETC is ranging above the price of $11.0.

Nevertheless, the price of ETC is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Meanwhile, the Relative Strength Index period 14 is level 40 which indicates that the price is in the sideways trend zone.


Ethereum Classic (ETC) Daily Price Forecast: Oct 2, 2018

ETC/USD Medium-term Trend: Ranging

Supply Levels: $11.60, $11.80, $12.00
Demand Levels: $11.00, $10.80, $10.60

There were more significant lower lows in the market price movement of the ETC/USD yesterday. The cryptocurrency has been more declining than increasing while been traded against the U.S. dollar market value.

As at present, the price ranging movement still appears in the ETC/USD market price line. The range-bound zones have been well-defined as being between the $11.50 and $11.00 price points. Price action has been traded between the lower Bollinger Band and the middle Bollinger Band with the 50-day SMA. The Stochastic Oscillators is between ranges of 60 and 40. But, they have crossed to briefly point south. There’s needed to be cautious in placing further trades.

ETC/USD Short-term Trend: Bearish


Yesterday, ETC/USD market trading stance witnessed a considerable level of various bearish movements. The crypto strived harder to pull up from demand level of $11.10 against the lower Bollinger Band, and a strong spike suddenly emerged in the market to push further northbound past both the 50-day SMA and the middle Bollinger Band to touch the upper Bollinger Band later on.

A confluence of Japanese candlesticks has been formed around the upper Bollinger Band, and that has given the U.S. dollar to gain an advantage over the crypto. Price has been hovering between the middle Bollinger Band and the lower Bollinger Band. The Stochastic Oscillators have moved slightly past range 40 to point south. $11.10 may still be tested for another decent entry for an upward market trend.

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