Ethereum Classic Price Prediction: Long-term (ETC) Value Forecast – June 15


  • On the upside, if the price is above the EMAs, the crypto’s price will rise to retest the $9.50 overhead resistance level.
  • The downtrend was corrected at the support of the 26-day EMA on June 6, and at a price of $7.96 price level. The crypto’s price is ranging above 26-day EMA indicating that the bearish trend has been terminated.

ETC/USD Long-term Trend: Bullish

  • Resistance levels: $8, $8.5, $9
  • Support levels: $8.0, $7.5, $7.0

The ETC/USD pair is still trading in the bullish trend zone. From the price action, the ETC market had a downward correction after the $9.50 overhead resistance. The downtrend was corrected on June 6 at the support of the 26-day EMA , and at a price of $7.96 price level. The crypto’s price is ranging above the 26-day EMA indicating that the bearish trend has been terminated. On the upside, if the price is above the EMAs, the crypto’s price will rise to retest the $9.50 overhead resistance level. However, if the bears pulled back price below EMAs the coin will be in a downtrend.

From the Fibonacci retracement, the crypto’s price is above the 0.382 (38.2%) Fib. retracement level. The 0.236 and 0.382 are Fib. retracement levels and continuation zones for a trending market. 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 =$41.3591 change ~ 36.76%

Coin Market Cap

$0

24 Hour Volume

$3.92 Billion

24 Hour VWAP

$42

24 Hour Change

$15.20

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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