Ethereum Classic is trading around $7.4–$8.3 in the latest available data. ETC recently rallied strongly from the low-$7 area, but the September 20 session pulled back about 3.4% to $8.28 after reaching $8.78.
Technical picture
Resistance: $8.60–$8.80 → $9.00 → $9.50
Support: $8.10 → $7.60 → $7.30
Bullish trigger: sustained breakout above $8.80–$9.00 could open the way toward $9.50–$10.00.
Bearish trigger: losing $8.10 increases the risk of a move toward $7.60/$7.30.
TradingView currently shows neutral on the daily timeframe, while its weekly and monthly technical ratings are sell-oriented.
Recent ETC-specific developments include the September Core Geth client incident, which was reportedly reversed by miners without loss of funds or network disruption. The ETC community also recently discussed ongoing core-development and infrastructure work through Classix.
📊 Short-term outlook
Bias: Neutral → cautiously bullish above $8.80
Possible setup
Entry zone: $8.10–$8.40
TP1: $8.80
TP2: $9.30
TP3: $10.00
Invalidation: below $7.60
#ETC #SaylorHintsStrategyBitcoinBuy #BOJRaisesRatesTo31YearHigh #BuffettStepsDownAsBerkshireChairman #levelsabovemagical
$ETC
Technical picture
Resistance: $8.60–$8.80 → $9.00 → $9.50
Support: $8.10 → $7.60 → $7.30
Bullish trigger: sustained breakout above $8.80–$9.00 could open the way toward $9.50–$10.00.
Bearish trigger: losing $8.10 increases the risk of a move toward $7.60/$7.30.
TradingView currently shows neutral on the daily timeframe, while its weekly and monthly technical ratings are sell-oriented.
Recent ETC-specific developments include the September Core Geth client incident, which was reportedly reversed by miners without loss of funds or network disruption. The ETC community also recently discussed ongoing core-development and infrastructure work through Classix.
📊 Short-term outlook
Bias: Neutral → cautiously bullish above $8.80
Possible setup
Entry zone: $8.10–$8.40
TP1: $8.80
TP2: $9.30
TP3: $10.00
Invalidation: below $7.60
#ETC #SaylorHintsStrategyBitcoinBuy #BOJRaisesRatesTo31YearHigh #BuffettStepsDownAsBerkshireChairman #levelsabovemagical
$ETC