Ethereum Classic Price Prediction: Long-term (ETC) Value Forecast – July 6


  • On June 2, the ETC price reached a high of $9.5 but was resisted.
  • On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $9.50 price 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.

ETC/USD Long-term Trend: Bearish

  • Resistance levels: $10, $10.2, $10.40
  • Support levels: $7.50, $7.0, $6.5

The ETC/USD pair was trading in the bearish trend zone. The bulls had been contesting the $9.50 overhead resistance level to break it. On June 2, the ETC price reached a high of $9.5 but was resisted. The crypto’s price fell to the support of the 26-day EMA or at the $8.0 price level. At the support of the 26-day EMA, the bulls resumed its upward move to retest the $9.50 price level.

The bulls were resisted again and the price fell to the low of $7.50 price level. In other words, the price fell below the 12-day EMA and the 26-day EMA. The crypto’s price is below the EMAs which indicate that price may further depreciate. However, the ETC price is now ranging below the EMAs for a possible breakout.

On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $9.50 price 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. Meanwhile, the ETC market has reached the oversold region of the daily stochastic but above the 20%range. This indicates that price is in a bullish momentum and a buy signal.

Live Ethereum Classic (ETC) Price:

1 ETC/USD =$98.6765 change ~ -5.99%

Coin Market Cap

$11.48 Billion

24 Hour Volume

$4.8 Billion

24 Hour VWAP

$106

24 Hour Change

$-5.91

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

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