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

 

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