THELOGICALINDIAN - Ethereum archetypal amount is accepting abundant bids adjoin the US Dollar and Bitcoin ETCUSD ability abide to move college appear 1500 in the abreast term
Ethereum Classic Price Uptrend
The accomplished brace of canicule were cool bullish for ETC amount as it confused aloft the $11.00 resistance adjoin the US Dollar. The amount surged college and took out all advertise offers abreast the $12.00 and $13.00 handle. It alike traded a few credibility aloft $14.00 afore basic a aerial at $14.10. During the upside move, there was a breach aloft a application triangle with attrition at $12.00 on the alternate blueprint of the ETC/USD pair.
The brace acquired clip and acclimatized aloft $13.00, and is currently able-bodied aloft the 100 alternate simple affective average. The accepted upside move is actual able as continued as the amount is aloft $12.00. At present, the brace is accumulation assets and activated the 38.2% Fib retracement akin of the aftermost beachcomber from the $11.70 low to $14.10 high. On the downside, the best important support is abreast $13.00. The abutting one is about the 50% Fib retracement akin of the aftermost beachcomber from the $11.70 low to $14.10 aerial abreast $12.90.
It seems like ETC buyers are able-bodied in ascendancy and they will best acceptable advance its amount aback aloft $14.00. The abutting important attrition is abutting to the $15.00 handle.
Hourly MACD – The MACD for ETC/USD is about to move aback in the bullish zone.
Hourly RSI – The RSI for ETC/USD is currently able-bodied aloft the 50 akin and assuming absolute signs.
Major Support Level – $13.00
Major Resistance Level – $14.00
Charts address – Trading View, Kraken
