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Ethereum Classic Technical Analysis: 4.446 is the intraday level to beat

  • General sentiment is poor across the board and ETC/USD trades 1.68% lower.
  • The price has pulled back on an intraday basis and 4.446 is the next resistance level in focus.
Ethereum Classic Technical Analysis: 4.446 is the intraday level to beat
Rajan Dhall, MSTARajan Dhall, MSTAFX Daily

ETC/USD 30-Minute Chart

Ethereum Classic is currently in a downtrend on most timeframes.

The 30-minute chart below, the price has been looking to base out although the 4.35 support level still looks vulnerable.

The next resistance on the way up stands at 4.44 and if this is taken out it would make a higher low higher high wave formation.

Elsewhere, there is not too much else that is bullish about the chart. The price is under the 55 and 200 period EMA and the RSI indicator is in a depressed zone.

Ethereum Classic

Additional Levels

ETC/USD

Overview
Today last price4.4167
Today Daily Change-0.1064
Today Daily Change %-2.35
Today daily open4.5231
 
Trends
Daily SMA204.1142
Daily SMA504.0918
Daily SMA1004.4135
Daily SMA2005.5859
 
Levels
Previous Daily High4.569
Previous Daily Low4.4843
Previous Weekly High4.7533
Previous Weekly Low3.9001
Previous Monthly High4.8924
Previous Monthly Low3.3917
Daily Fibonacci 38.2%4.5366
Daily Fibonacci 61.8%4.5167
Daily Pivot Point S14.482
Daily Pivot Point S24.4408
Daily Pivot Point S34.3972
Daily Pivot Point R14.5667
Daily Pivot Point R24.6102
Daily Pivot Point R34.6514

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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