- Ethereum is 165% higher on the year and it has now moved into a consolidation zone.
- On the 4-hour chart there is a pattern break retest which indicates the price could move lower.
ETC/USD 4-hour chart
Ethereum Classic is trading 3.37% lower on Thursday.
The price has now moved into a pretty big consolidation zone between 11.000 and 13.170.
A break of the 11.000 level could indicate more bearishness on the horizon.
The volume on the chart is moving lower. This suggests that the move lower could be a short term move.
If the support level breaks then the next level on the way down would be 9.5000.
|Today last price||264.64|
|Today Daily Change||-1.73|
|Today Daily Change %||-0.65|
|Today daily open||266.37|
|Previous Daily High||275.64|
|Previous Daily Low||237.67|
|Previous Weekly High||224.35|
|Previous Weekly Low||179.06|
|Previous Monthly High||186.73|
|Previous Monthly Low||125.81|
|Daily Fibonacci 38.2%||261.14|
|Daily Fibonacci 61.8%||252.17|
|Daily Pivot Point S1||244.14|
|Daily Pivot Point S2||221.92|
|Daily Pivot Point S3||206.17|
|Daily Pivot Point R1||282.11|
|Daily Pivot Point R2||297.86|
|Daily Pivot Point R3||320.08|
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