Ethereum Classic dips under 7.000 again as sentiment turns sour. In general, cryptocurrencies are lower after central bankers slate digital currencies. Ethereum Classic moved lower today after Fed’s Powell and SNB’s Jordan say cybersecurity is a massive concern when it comes to cryptocurrencies. ETC/USD dropped below 7.00 after the comments and 6.500-048 could be an area where the market finds support. On the RSI indicator, there is also a support like that the price might bounce off but if it breaks it may indicate further weakness. On the price wave front, a new higher low was created at 5.738 but for that trend to continue a break of 7.690 would be needed. Looking at the volume on the chart, when the positive moves happen it seems to be backed by higher volume. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Gold and silver continue to bleed out to and below their 21-DMAs FX Street 4 years Ethereum Classic dips under 7.000 again as sentiment turns sour. In general, cryptocurrencies are lower after central bankers slate digital currencies. Ethereum Classic moved lower today after Fed's Powell and SNB's Jordan say cybersecurity is a massive concern when it comes to cryptocurrencies. ETC/USD dropped below 7.00 after the comments and 6.500-048 could be an area where the market finds support. On the RSI indicator, there is also a support like that the price might bounce off but if it breaks it may indicate further weakness. On the price wave front, a new higher low was created… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.