$ETC - $8.13 (+1.50%)*
*Quick Stats:*
- Price: $8.10 - $8.13 now
- 24h: Low $8.01 / High $8.23 / Volume $60M
- Change: +0.74% today, but -3.22% last 5 days
- Market Cap: ∼$1.29B
*Technical View:*
ETC is bouncing from $8.00 support after a weak week. Chart shows slow recovery from morning lows, making higher lows since 09:00 UTC.
- *Support:* $8.00 psychological (must hold), then $7.80 strong support
- *Resistance:* $8.25 first, then $8.50 breakout level
- *RSI 48.1 Neutral* - not overbought, room to go up
- Trend: Short-term recovery, but YTD still -32.75% so long-term weak vs BTC
*Short-term Bias:*
Consolidation between $8.00-$8.25. If BTC holds above $83k and breaks $84.3k, ETC can push to $8.50. If loses $8.00, risk to $7.60.
ETC is low beta coin - moves slow, follows BTC/ETH. Best for range trading, not breakout chasing right now.#CPIWatch #FranceAdvancesCryptoSelfCustodyReportingProposal
*Quick Stats:*
- Price: $8.10 - $8.13 now
- 24h: Low $8.01 / High $8.23 / Volume $60M
- Change: +0.74% today, but -3.22% last 5 days
- Market Cap: ∼$1.29B
*Technical View:*
ETC is bouncing from $8.00 support after a weak week. Chart shows slow recovery from morning lows, making higher lows since 09:00 UTC.
- *Support:* $8.00 psychological (must hold), then $7.80 strong support
- *Resistance:* $8.25 first, then $8.50 breakout level
- *RSI 48.1 Neutral* - not overbought, room to go up
- Trend: Short-term recovery, but YTD still -32.75% so long-term weak vs BTC
*Short-term Bias:*
Consolidation between $8.00-$8.25. If BTC holds above $83k and breaks $84.3k, ETC can push to $8.50. If loses $8.00, risk to $7.60.
ETC is low beta coin - moves slow, follows BTC/ETH. Best for range trading, not breakout chasing right now.#CPIWatch #FranceAdvancesCryptoSelfCustodyReportingProposal