Ethereum Classic Price Prediction Today: Daily (ETC) Value Forecast – June 25
- On June 2, the ETC price reached a high of $9.5 but was resisted.
- 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: $9.0, $8.5, $8.0
Yesterday, June 24, the price of ETC was in a bullish trend. The 12-day EMA and the 26-day are trending northward indicating an uptrend. On June 2, the ETC price reached a high of $9.5 but was resisted. The market was on a downward correction to a low at $8.0 price level. At the $8.0 price level, the bulls resume their upward move and retested the $9.50 resistance level.
From the Fibonacci tool, the crypto’s price is in the 0.236 and 0.382 Fib. retracement levels. 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 overbought region of the daily stochastic but below the 80%range. This indicates that price is in a bearish momentum and a sell signal.
ETC/USD Short-term Trend: Ranging
On the 1-hour chart, the ETC price was in a sideways trend. On June 23, the bulls tested the $9.50 resistance level and the price fell to a low at $9.0. At the $9.0 support level the bulls above the EMAs to commence a range bound movement.Meanwhile, the market is in 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 =$50.5513 change ~ 3.93%
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