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Ethereum Classic Price Analysis: 2.5% lower on the session just below psychological level

  • Ethereum Classic is trading lower as crypto sentiment remains weak on Wednesday.
  • There are two key levels to watch and a break could help figure out the future direction of price.

ETC/USD 4-Hour Chart

On the topside, the psychological 10.00 level is now key for the bulls.

If it breaks it could indicate we might head back to the highs.

On the downside, 8.742 is the short term support that the market needs to watch.

Even if 10.00 breaks for the bulls 11.00 is the next level where the bulls might meet resistance.

 

Additional Levels

ETC/USD

Overview
Today last price 9.5529
Today Daily Change -0.3116
Today Daily Change % -3.16
Today daily open 9.8645
 
Trends
Daily SMA20 11.436
Daily SMA50 8.8644
Daily SMA100 6.4858
Daily SMA200 6.0114
 
Levels
Previous Daily High 10.0222
Previous Daily Low 9.1905
Previous Weekly High 13.0525
Previous Weekly Low 11.2822
Previous Monthly High 12.8687
Previous Monthly Low 4.1882
Daily Fibonacci 38.2% 9.7045
Daily Fibonacci 61.8% 9.5082
Daily Pivot Point S1 9.3627
Daily Pivot Point S2 8.8608
Daily Pivot Point S3 8.5311
Daily Pivot Point R1 10.1943
Daily Pivot Point R2 10.524
Daily Pivot Point R3 11.0259

 

 

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