Ethereum Classic price analysis: ETC/USD moves breaks past major resistance level, up 4% on Monday

Ethereum Classic price sustained upside gains to trade high of $21.66.
The general trend in the market is bullish while resistance level remains at $21.66.

John Isige FXStreet

Ethereum Classic has opened trading on Monday in a bullish trend. The currency is up by 4% in the day’s trading after ups and downs during the weekend. Ethereum classic price traded lows of $19.5 but managed to gain momentum and push past the $20 major resistance level. The price sustained the upside momentum and traded highs of $21.66 representing more than a single digit increase in price.

The price has been trading in lock-step since the start of the trading session this week and has found support at the $20 level which acted as a resistance level during the recent price recovery on the weekend. Currently, Ethereum Classic is exchanging hands at $21.11 after testing the support level once.

Ethereum classic price is trading below the 100-simple moving average on the intraday chart. The general trend in the market is bullish while the resistance level remains at $21.66. On the downside, the support level has been tested once, if the price breaks below the support, Ethereum Classic could experience losses in price heading towards the $15 level.

ETC/USD price intraday chart

Author

John Isige

FXStreet

John Isige is a seasoned cryptocurrency journalist and markets analyst committed to delivering high-quality, actionable insights tailored to traders, investors, and crypto enthusiasts. He enjoys deep dives into emerging Web3 tren

Hyperliquid Price Forecast: HYPE rises on commodities demand amid US-Iran war

Hyperliquid (HYPE) steadies above $33 at press time on Tuesday, marking its fourth consecutive day of recovery in a broadly volatile market due to the ongoing US-Israel strikes on Iran.

Stellar Price Forecast: XLM risks deeper losses as derivatives metrics turn negative

Stellar is trading red below $0.16 at the time of writing, after a slight recovery the previous day. Weakening derivatives data caps the recovery, while an unfavorable technical outlook projects a deeper correction for the XLM token in the upcoming days.

Aave Price Forecast: AAVE tests channel resistance as ParaFi Capital deposit, bearish derivatives data caps upside

Aave (AAVE) trades around $120 on Tuesday, testing the channel resistance, signaling that sellers remain active in the zone. Lookonchain data shows that ParaFi Capital transferred 42,000 AAVE tokens to Coinbase Prime over the past 10 hours, often interpreted as a potential selling signal.

CME Group's futures suite now covers over 75% of total crypto market cap

CME Group announced that its crypto futures offering now covers over 75% of the total digital asset market cap, following the launch of its Cardano (ADA), Chainlink (LINK) and Stellar (XLM) products.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.