Coinpedia-Market-Insight

Will ETC Price Give A Breakout?

Long
COINBASE:ETCUSD   Ethereum Classic
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

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