ETC price bounces back from a strong support at $14.50.
A potential breakout could push ETC towards the resistance near $19.
Grayscale's legal win fuels a 6.23% price surge, reaching $16.96.
Secondary resistance trendline remains a challenge, causing a 5.09% price drop.
Bullish indicators: MACD shows a positive crossover & RSI rises above the midpoint.
Current ETC price: $16.05, with a slight intraday growth of 0.19%.
Downside risk: If ETC drops below $14.50, it could plummet to $12.65
A potential breakout could push ETC towards the resistance near $19.
Grayscale's legal win fuels a 6.23% price surge, reaching $16.96.
Secondary resistance trendline remains a challenge, causing a 5.09% price drop.
Bullish indicators: MACD shows a positive crossover & RSI rises above the midpoint.
Current ETC price: $16.05, with a slight intraday growth of 0.19%.
Downside risk: If ETC drops below $14.50, it could plummet to $12.65
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.