• 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.

Ethereum Classic

Additional Levels

ETH/USD

Overview
Today last price 264.64
Today Daily Change -1.73
Today Daily Change % -0.65
Today daily open 266.37
 
Trends
Daily SMA20 197.12
Daily SMA50 166.38
Daily SMA100 161.76
Daily SMA200 175.96
 
Levels
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

 

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Cryptos feed

Latest Crypto News


Latest Crypto News & Analysis

Editors’ Picks

China prohibits units and individuals from creating and selling cryptocurrencies

The new draft of legal comments clearly states that no individual or unit can produce or sell tokens to replace CNY in circulation in the market. The violation of this law will have severe consequences according to the draft.

More Cryptocurrencies News

Uniswap Price Prediction: UNI needs to crack $3.1 for a massive price explosion

Uniswap has been in a downtrend for several weeks now while bulls attempt to see any kind of rebound. The digital asset seems to be facing a crucial resistance point. Let’s take a look at several indicators and patterns to determine the direction of the price.

More Uniswap News

Bitcoin Weekly Forecast: Bitcoin goes up as some of the world's largest currencies go down

While investors are waiting for BTC to retest all-time highs and shoot to the moon, it is already there. In some countries, the pioneer digital asset surpassed the peak of 2017 and hit new historic highs in local currencies.

More Bitcoin News

Yearn.Finance Price Prediction: YFI looks poised for a breakout towards $20,000

YFI has been trading inside a massive downtrend since September 12 and formed a head and shoulders pattern that broke bearishly. After losing close to 70% of its value over one month, the digital asset seems ready for a massive rebound. 

More Yearn.Finance news

BEST CRYPTO BROKERS/EXCHANGES




Bitcoin Weekly Forecast: Bitcoin goes up as some of the world's largest currencies go down

While investors are waiting for BTC to retest all-time highs and shoot to the moon, it is already there. In some countries, the pioneer digital asset surpassed the peak of 2017 and hit new historic highs in local currencies.

Read the weekly forecast

BTC

ETH

XRP