Ethereum Classic Price Prediction: Long-term (ETC) Value Forecast – July 20


  • On the upside, if the bulls break  above the EMAs, the crypto’s price will rise and retest the $9.50 overhead resistance level.
  • The downward trend was corrected at the $5.31 on July 16.

ETC/USD Long-termTrend:Bearish

  • Resistance levels: $6, $6.5, $7.0
  • Support levels: $5.50, $5.0, $4.5

The  ETC/USD pair had been on downward trend  after the bulls fail to break the $9.50 overhead resistance level. On June 3, the bulls were resisted after their first attempt at resistance level. The price fell to the support of the 12-day EMA and commenced a range bound move above  the EMA. The bulls made the second attempt at the resistance level but were resisted on June 26.  The downward trend was corrected at the $5.31 on July 16.

On the upside, if the bulls break  above the EMAs, the crypto’s price will rise and retest the $9.50 overhead resistance level. On the downside, if the bulls fail to break the EMAs, the price of EOS will continue its range bound move below the EMAs. The stochastic is at the oversold region but above the 40% range which indicates that ETC price is in a bullish momentum and a  buy signal.

Live Ethereum Classic (ETC) Price:

1 ETC/USD =$11.1708 change ~ 4.79%

Coin Market Cap

$1.3 Billion

24 Hour Volume

$179.29 Million

24 Hour VWAP

$11

24 Hour Change

$0.53

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

 

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide