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TronWeekly

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Ethereum Classic (ETC) Struggles Below Key Averages, Eye Breakout from $16–$18 Range

  • Ethereum Classic (ETC) is trading near $17.21, down 0.80%, with limited momentum and a sideways to slightly bearish market trend.
  • Price remains below key moving averages, indicating a bearish short-term bias, with resistance at $18.20 and support between $16.00–$16.80 holding strong.
  • MACD shows weak bullish signs, while RSI confirms consolidation, suggesting indecision among market participants.
  • ETC is positioned in a tight range and is struggling to break out from $16–$18, with key levels at $18.20 on the upside and $16.80 on the downside to watch for defining the next trend.

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