Analyzing Ethereum Classic's daily price charts.

After having a "fine, I will do it myself" moment, I embarked on assessing ETC's latest price action.

On 13 April, the price of ETC increased as the cryptocurrency's recent uptrend gathered momentum. The price of the coin increased to a high of $22.47, which is the highest point since March 18 of this year.

Bitcoin's [BTC] value increased by over 80% this year, outperforming Tesla, equities, and gold. Bitcoin and other cryptocurrencies, like Ethereum Classic, are closely related.

Ethereum Classic also reacted positively to the Shapella Upgrade that took place in April. The upgrade allowed Ethereum Stackers to withdraw their tokens. The amount of Ethereum staked, according to data from Staking Rewards, is over $40 billion.

Let us now look at Ethereum Classic's on-chart indicators.

ETC was trading at $15.352 at press time.

While ETC's Relative Strength Index (RSI) rested just along the neutral 50- mark, its Money Flow Index (MFI) rested below it. Its On Balance Volume (OBV) registered a slight uptick.

$ETC