Hello Traders!

ETC is moving within the downtrend. An aggressive upward movement started after news about miners switching to ETC mining from the ETH, after which the price received a reaction from the resistance level of $44.50. At the moment, the price is testing MA100 on the weekly timeframe.

If the price downtrend continues, it will be interesting to consider buying.

The range for asset accumulation will be a zone of $11.30-14.50.

The targets will be the levels of $29.00 and $44.50

Good luck and watch out for the market

P.S. This is an educational analysis that shall not be considered financial advice

Beyond Technical AnalysisetcETCUSDetcusdideaETCUSDTFundamental AnalysisTrend Analysis

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