📈 Technical Analysis of $ETC on Binance (2h) 🚀
📌 Cashtag to include: $ETC
📌 Suggested widget: Attach the interactive ETC/USDT pair widget in the bottom bar before publishing to optimize your commissions.
I’m sharing the updated technical analysis of the ETC/USDT pair on the 2-hour timeframe:
Key Market Metrics:
Current price: 8.81 USDT (+11.24%).
Recent high: 8.88 USDT | Local low: 7.76 USDT.
Moving Averages: MA(7) at 8.32 USDT, MA(25) at 7.97 USDT, and MA(99) at 7.59 USDT.
SuperTrend (10,3): Active uptrend with dynamic support at 8.01 USDT.
Technical Analysis and Structure:
Strong Bullish Impulse: Ethereum Classic ($ETC) shows a solid +11.24% rise, pushing the price up to a max of 8.88 USDT with large green-bodied candles.
Moving Average Separation: Price is comfortably above the MA(7) [$8.32], showing a significant bullish acceleration in the short term.
Key Support Levels: In case of a potential pullback or consolidation, MA(7) [$8.32] acts as the first dynamic support, followed by the confluence between MA(25) [$7.97] and SuperTrend [$8.01].
Market Outlook: If buying pressure manages to break the 8.88 USDT resistance level, the asset could seek a psychological test of 9.00 USDT.
Do you think $ETC will break the $9.00 USDT barrier in the next few hours, or will we see profit-taking toward the MA(7)? I’d love to hear your thoughts in the comments! 👇
⚠️ This content is strictly educational and informational for Binance Square. It does not represent financial advice.
📌 Cashtag to include: $ETC
📌 Suggested widget: Attach the interactive ETC/USDT pair widget in the bottom bar before publishing to optimize your commissions.
I’m sharing the updated technical analysis of the ETC/USDT pair on the 2-hour timeframe:
Key Market Metrics:
Current price: 8.81 USDT (+11.24%).
Recent high: 8.88 USDT | Local low: 7.76 USDT.
Moving Averages: MA(7) at 8.32 USDT, MA(25) at 7.97 USDT, and MA(99) at 7.59 USDT.
SuperTrend (10,3): Active uptrend with dynamic support at 8.01 USDT.
Technical Analysis and Structure:
Strong Bullish Impulse: Ethereum Classic ($ETC) shows a solid +11.24% rise, pushing the price up to a max of 8.88 USDT with large green-bodied candles.
Moving Average Separation: Price is comfortably above the MA(7) [$8.32], showing a significant bullish acceleration in the short term.
Key Support Levels: In case of a potential pullback or consolidation, MA(7) [$8.32] acts as the first dynamic support, followed by the confluence between MA(25) [$7.97] and SuperTrend [$8.01].
Market Outlook: If buying pressure manages to break the 8.88 USDT resistance level, the asset could seek a psychological test of 9.00 USDT.
Do you think $ETC will break the $9.00 USDT barrier in the next few hours, or will we see profit-taking toward the MA(7)? I’d love to hear your thoughts in the comments! 👇
⚠️ This content is strictly educational and informational for Binance Square. It does not represent financial advice.
