• After a choppy session, Ethereum Classic trades 4% lower on Friday.
  • The pair broke lower but found support at the intraday trendline.

ETC/USD 30-minute chart

Ethereum Classic has had a very choppy session on Friday. at 8am London time the price hit a high of 5.53 but could not keep hold of the gains above 5.50. Then the sellers came in and dragged the price down to 4.42 at 8.30pm London time. Since then the buyers have brought the price back up above the black trendline but once again 5.00 was a step too far.

The MACD histogram is below the zero line, along with the signal lines. The price is also under the moving average (55 SMA) which is another bearish sign. Interestingly, something about the chart still looks bullish. The market has made a lower high and lower low wave but the base still looks strong and may hold. The key resistance is still 5.50 while support is holding at 4.47

Ethereum classic support levels

Additional levels

ETC/USD

Overview
Today last price 4.8547
Today Daily Change -0.1950
Today Daily Change % -3.86
Today daily open 5.0497
 
Trends
Daily SMA20 6.4263
Daily SMA50 8.9052
Daily SMA100 7.4062
Daily SMA200 6.1682
 
Levels
Previous Daily High 5.3022
Previous Daily Low 4.4942
Previous Weekly High 7.8473
Previous Weekly Low 3.2793
Previous Monthly High 13.1888
Previous Monthly Low 7.1948
Daily Fibonacci 38.2% 4.9935
Daily Fibonacci 61.8% 4.8029
Daily Pivot Point S1 4.5952
Daily Pivot Point S2 4.1408
Daily Pivot Point S3 3.7873
Daily Pivot Point R1 5.4032
Daily Pivot Point R2 5.7566
Daily Pivot Point R3 6.2111

 

 

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