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ETC/USD Technical Analysis: Ethereum Classic is a outperformer today

  • Ethereum Classic is the outperformer on Friday, trading 5% higher.
  • The price is headed toward some resistance at the 4-hour 200EMA.
ETC/USD Technical Analysis: Ethereum Classic is a outperformer today
Rajan Dhall, MSTARajan Dhall, MSTAFX Daily

ETC/USD 4-Hour Chart

Ethereum Classic is performing very well today in comparison to the other crypto majors.

ETC/USD is up 5% and headed to the 200EMA on the 4-hour chart.

The volume is surprisingly low for such a powerful move.

The relative strength (RSI) indicator has moved higher toward the overbought zone confirming the bullishness.

4.13 is now the resistance point of note and potentially the psychological 4.00 mark.

Ethereum Classic

Additional Levels

ETC/USD

Overview
Today last price3.9221
Today Daily Change0.1811
Today Daily Change % 4.84
Today daily open3.741
 
Trends
Daily SMA203.817
Daily SMA504.2626
Daily SMA1004.6606
Daily SMA2005.8529
 
Levels
Previous Daily High3.809
Previous Daily Low3.6777
Previous Weekly High3.9691
Previous Weekly Low3.7361
Previous Monthly High5.3643
Previous Monthly Low3.5526
Daily Fibonacci 38.2%3.7279
Daily Fibonacci 61.8%3.7589
Daily Pivot Point S13.6761
Daily Pivot Point S23.6113
Daily Pivot Point S33.5449
Daily Pivot Point R13.8074
Daily Pivot Point R23.8738
Daily Pivot Point R33.9387

Author

Rajan Dhall, MSTA

Rajan Dhall is an experienced market analyst, who has been trading professionally since 2007 managing various funds producing exceptional returns.

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