Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum Classic => Topic started by: @Royale on May 18, 2019, 02:12:07 PM
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(https://bitcoinexchangeguide.com/wp-content/uploads/2019/01/Breaking-Is-Ethereum-Classic-ETC-Experiencing-a-51-Blockchain-Attack-What%E2%80%99s-Happening-696x449.jpg)
- On the upside, a bullish break will hit the $8.0 resistance level and the price will rally above the $10 price level.
- Since the price was fluctuating between the upper and lower price level; it is most likely to revisit the lower price level.
ETC/USD Long-term Trend: Ranging
- Resistance levels: $8, $8.5, $9
- Support levels: $7.0, $6.5, $6.
Since on April 7, the ETC/USD pair had been facing resistance at the $8 price level. The crypto’s price was trading between the levels of $5.50 and $8.0. In April, the market fell to the support of the $5.41 price level and commenced a sideways trend. The 12-day EMA and the 26-day EMA were trending horizontally indicating that price was in a sideways trend. On May 16, the bulls tested the $8 resistance level and were resisted. Since the price was fluctuating between the upper and lower price level; it is most likely to revisit the lower price level.
(https://bitcoinexchangeguide.com/wp-content/uploads/2019/05/ETC-weekly-2.png)
On the upside, a bullish break will hit the $8.0 resistance level and the price will rally above the $10 price level. The stochastic is at the overbought region but below the 80% range which indicates that the ETC price is in a bearish momentum and a sell signal.
source: https://bitcoinexchangeguide.com/ethereum-classic-price-prediction-long-term-etc-value-forecast-may-18/
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When I wrote the post I saw the price of Etehreum Classsic was around 7.20 USD and it had become a Support Level.
But at this moment Classic Etheruem also hasn't given a high price increase and instead I see the Etehreum Classic price going back up and down to 7.00 USD.
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Nice, informative price prediction article.
Ethereum Classic has been surging in this month where it reached $9.75, which is the highest price since April, 2019. Currently, ETC is trading at $9.15 with 5.65% up today. As per the ETC Price prediction 2019, the ETC price may touch $34 by end of this year. Also, the etc btc (http://seo abuse/ethereum-classic/ethereum-classic-to-bitcoin) exchange is good as BTC is showing bullish trend currently.
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Now Ethereum classic price is $6.40. also I think the ethereum classic price is will reach 14$ in end of this year.i think the present price is best for long-term investments.