$ETC IS TRYING TO BREAK OUT OF A TIGHT RANGE
ETC is trading around $8.94 after recovering from the $8.80 area.
The setup is improving as buyers keep defending $8.80, but the real move starts if ETC can reclaim $9.00–$9.04.
Entry: $8.88–$8.94
SL: $8.78
TP1: $9.04
TP2: $9.15
TP3: $9.30
ETC also completed its fifth block-reward reduction recently, cutting miner rewards by 20% and strengthening its long-term scarcity narrative.
The main risk is another rejection below $9.00.
Hold $8.88 and bulls have a chance.
Break $9.04 and $9.15 becomes the next target.
$ETC #Nikkei225Jumps2.5%ToThreeMonthHigh #EvernorthXRPTreasuryCompletesSPACMerger #BinanceLaunchesBinanceIntelligence
ETC is trading around $8.94 after recovering from the $8.80 area.
The setup is improving as buyers keep defending $8.80, but the real move starts if ETC can reclaim $9.00–$9.04.
Entry: $8.88–$8.94
SL: $8.78
TP1: $9.04
TP2: $9.15
TP3: $9.30
ETC also completed its fifth block-reward reduction recently, cutting miner rewards by 20% and strengthening its long-term scarcity narrative.
The main risk is another rejection below $9.00.
Hold $8.88 and bulls have a chance.
Break $9.04 and $9.15 becomes the next target.
$ETC #Nikkei225Jumps2.5%ToThreeMonthHigh #EvernorthXRPTreasuryCompletesSPACMerger #BinanceLaunchesBinanceIntelligence