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    Ethereum Classic Price Prediction Today: Daily (ETC) Value Forecast – June 18

    • On the upside, if the price is sustained above the EMAs, the crypto’s price is likely to rise and retest the $9.50 overhead resistance.
    • The ETC price is in the continuation zone of the Fib. retracement level.

    ETC/USD Medium-term Trend: Bullish

    • Resistance Levels: $9.5, $10.0 $10.5
    • Support levels: $8.5, $8, $7.5

    Yesterday, June 17, the price of ETC was in a bullish trend. The 12-day EMA and the 26-day are trending northward indicating an uptrend. The ETC price is above the EMAs which indicates that price is likely to rise. On the upside, if the price is sustained above the EMAs, the crypto’s price is likely to rise and retest the $9.50 overhead resistance. On the other hand, if the price is not sustained above EMAs, ETC price is likely to fall.

    From the Fibonacci tool, the crypto’s price is above the 0.382 Fib. retracement level. The ETC price is in the continuation zone of the Fib. retracement level. If the bulls defend this level, the coin will resume its bullish trend. Meanwhile, the ETC market has reached the oversold region of the daily stochastic but above the 40%range. This indicates that price is in a bullish momentum and a buy signal.

    ETC/USD Short-term Trend: Ranging

    On the 1-hour chart, the ETC price was in a sideways trend. After the bulls were resisted at the $9.80 overhead resistance, the crypto’s price now fluctuates between the levels of $7.40 and $8.60 price levels.

    The crypto’s price is characterized by small body candlesticks like the Doji and the Spinning tops. Meanwhile, the market is in the oversold region of the daily stochastic but above the 40%range. This indicates that price is in a bullish momentum and a buy signal.

    Live Ethereum Classic (ETC) Price:

    1 ETC/USD =$5.0928 change ~ -1.60%

    Coin Market Cap

    $592.36 Million

    24 Hour Volume

    $541.54 Million

    24 Hour VWAP

    $5

    24 Hour Change

    $-0.0814

    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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    Avatar
    Azeez Mustapha
    Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager - as well as an author.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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