Ethereum Classic is trading at a key long-term support zone, bouncing from the lower bound of a multi-year ascending channel. Historically, this zone has triggered large rallies (2019, 2020, 2021).
Major resistance levels are stacked at $24, $42, $77, and $103. If the price holds above $22–24 and breaks out with volume, it could retest the mid/high zones of the channel.
Structure remains bullish above $20. Break and hold above $26–27 may signal the start of a new macro wave.
Major resistance levels are stacked at $24, $42, $77, and $103. If the price holds above $22–24 and breaks out with volume, it could retest the mid/high zones of the channel.
Structure remains bullish above $20. Break and hold above $26–27 may signal the start of a new macro wave.
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Related publications
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.