Ethereum Classic (ETC) UPDATE 255.24

Ethereum Classic has been trading within a descending channel (yellow) since the start of the month. As of press time, the $25.24 support level had held firm. Moreover, the price has compressed in the past 24 hours (white), just beneath the channel’s upper beneath. This could see the price break out to the upside, or face rejection at the channel’s upper boundary and move beneath $25.24.