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Ethereum Classic $ETC Price Outlook

@KittyBitcoin logo
December 03 2018 01:11 UTC
Ethereum Classic has enjoyed a twenty-four hour gain of 7.18% or $0.3473. In this Monday Edition find $ETC price action, trend, technicals and more. Or jump right to the 24 Hour Ethereum Classic $ETC Price Outlook.

Price Action

The price of $ETC has risen over twenty-four hours. The last price at press time is $5.1828. In Binance heavy volume trading the daily change is 7.18%, or $0.3473:
$ETC Price Change
period % $
24 hours 7.18 $0.3473
7 days 18.12 $0.7951
1 month -53.55 $-5.974

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Trend

trend is UP

The Ethereum Classic weekly trend is up. Bitcoin lost heavily in the previous week and this pulled $ETC down with it to the tune of -53.55%. This week and today we see an $ETC resurgence – Ethereum Classic is on the rise.

Trend is "up" when the weekly price movement is predominantly upwards.

Chart

Technicals

Moving Average Convergence Divergence (MACD)

The MACD on the four hour chart is bullish.

Exponential Moving Averages (EMA)

period average
7 day $5.0777
25 day $4.9231
99 day $5.6630

About twenty hours ago the short term EMA moved higher across the medium term EMA, and is still pointing north. This is a bullish sign.

Relative Strength Index (RSI)

The Relative Strength Index on the one hour chart is 59.6. This is a neutral condition.

24 Hour Ethereum Classic $ETC Price Outlook

bullish

  • the twenty-four hour Ethereum Classic $ETC price outlook is bullish
  • if the price finds acceptance at higher levels then key resistance is historically found at $5.91
  • if the price finds acceptance at lower levels then key support is historically found at $4.82
Invalidation: This outlook is no longer valid if the asset has performed outside of its resistance or support level, or outside of its analysis period.

Disclosure

The author holds Ethereum Classic $ETC at the time of writing.

About @KittyBitcoin

KittyBitcoin logo

@KittyBitcoin has provided timely and informative blockchain intelligence since 2014. Request your custom content today, browse @KittyBitcoin on Twitter® or visit the KittyBitcoin.com website.

KittyBitcoin supplies blockchain intelligence on http://kittybitcoin.com, on industry leading websites, and through white label channels since 2014. Follow @KittyBitcoin on Twitter®.
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