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Ethereum Classic is testing a intraday technical level

  • Ethereum Classic is coming back to test a technical level on the hourly chart.
  • ETC/USD is one of the better performing cryptocurrencies today up 0.50%.

 

On the hourly chart below you can see the ETC/USD pair is testing the apex where two trendlines meet.

The price broke higher earlier in the session and now is testing the break as is often the case.

The volume profile indicator on the right-hand side of the chart is showing ETC/USD is holding above the area were mosts contracts had been exchanged.

The 5.000 level is set to be a tough hurdle to jump over but the price is still in an uptrend on the hourly chart.

The daily chart, however, is still showing the price is still trending lower and the main resistance is higher up at 5.250.

ETC/USD

Overview
Today last price 4.8655
Today Daily Change 0.0399
Today Daily Change %  0.83
Today daily open  4.8256
 
Trends
Daily SMA20 4.6114
Daily SMA50 5.0279
Daily SMA100 5.6382
Daily SMA200 6.4473
 
Levels
Previous Daily High 4.9812
Previous Daily Low 4.7004
Previous Weekly High 5.0081
Previous Weekly Low 4.03
Previous Monthly High 5.2376
Previous Monthly Low 4.03
Daily Fibonacci 38.2% 4.874
Daily Fibonacci 61.8% 4.8077
Daily Pivot Point S1 4.6903
Daily Pivot Point S2 4.555
Daily Pivot Point S3 4.4095
Daily Pivot Point R1 4.971
Daily Pivot Point R2 5.1165
Daily Pivot Point R3 5.2518

 

 

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